80.2K
Verified Solution
Link Copied!
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year.
| | Beginning Inventory | Ending Inventory |
| Finished goods (units) | 24,000 | 74,000 |
| Raw material (grams) | 54,000 | 44,000 |
Each unit of finished goods requires 2 grams of raw material. The company plans to sell 590,000 units during the year.
How much of the raw material should the company purchase during the year?
Answer & Explanation
Solved by verified expert
