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Masterson Company's budgeted production calls for 63.000 liters in April and 59,000 liters in May...

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Masterson Company's budgeted production calls for 63.000 liters in April and 59,000 liters in May of a key raw material that costs $1.90 per liter. 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 18.900 liters. What is the budgeted materials purchases for April? Multiple Choice O $117.420 O $122740 O $119,700 $83.790 O $153.330

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