Masterson Company's budgeted production calls for 58,000 units in April and 54,000 units in May...
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Accounting
Masterson Company's budgeted production calls for 58,000 units in April and 54,000 units in May of a key raw material that costs $1.65 per unit. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 17,400 units. What is the budgeted materials purchases for April? Multiple Choice $98,340. $93,720. $95,700. $66,990. $122,430
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