Bentsen Corporation makes one product. Multiple Choice O Budgeted unit sales. The ending finished goods inventory equals 40% of the following month's sales. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $2.00 per pound. If 76,680 pounds of raw materials are required for production in September, then the budgeted cost of raw material purchases for August is closest to: $131,520 $133,704 July 8,500 $160,008 August September 9,000 13,900 October 11,100

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Bentsen Corporation makes one product.
Multiple Choice
O
Budgeted unit sales
The ending finished goods inventory equals 40% of the following month's sales. The ending raw materials inventory equals 10% of the following month's
raw materials production needs. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $2.00 per pound. If 76,680
pounds of raw materials are required for production in September, then the budgeted cost of raw material purchases for August is closest to:
O
O
$131,520
$133,704
$160,008
July
8,500
$146,856
August September
9,000 13,900
October
11,100
Transcribed Image Text:Bentsen Corporation makes one product. Multiple Choice O Budgeted unit sales The ending finished goods inventory equals 40% of the following month's sales. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $2.00 per pound. If 76,680 pounds of raw materials are required for production in September, then the budgeted cost of raw material purchases for August is closest to: O O $131,520 $133,704 $160,008 July 8,500 $146,856 August September 9,000 13,900 October 11,100
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