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Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and...

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Accounting

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Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning Ending Inventory Inventory Finished goods (units) 29,000 79,000 Raw material (grams) 59,000 49,000 Each unit of finished goods requires 2 grams of raw material. The company plans to sell 640,000 units during the year. How much of the raw material should the company purchase during the year? Multiple Choice 1.370,000 grams 1,380,000 grams O 1399,000 grams 1,429.000 grams

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