Victoria Corporation manufactures quality vases. Budgeted sales and production data for the vases are as...
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Accounting
Victoria Corporation manufactures quality vases. Budgeted sales and production data for the vases are as follows Month 1 budgeted unit sales Month 2 budgeted unit sales Month 3 budgeted unit sales Month 1 budgeted unit production Month 2 budgeted unit production Month 3 budgeted unit production Raw material required for each finished unit (in pounds) 2,000 2,100 4,000 2,300 2,700 4,000 Each vase requires one pound of clay in its manufacture. Victoria Corporation has a policy that the inventory of clay at the end of each month needs to be equal to 10% of the production needs for the following month. At the beginning of January, 230 pounds of clay were in inventory. How many pounds of clay would Victoria Corporation need to purchase in February (Month 2)? OA. 2,830 B. 2.430 O C. 2,340 O D. 4,130
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