Company B would need 2 pounds per unit for producing 60 units of its Product X for the month of June. There is 10 pounds of material currently available in its inventory and its policy is to maintain inventory at the end enough for producing 15 units of its product. How many pounds of material is budgeted to be purchased for the month of June? a. 120 pounds b. 30 pounds c. 150 pounds d. 140 pounds

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Company B would need 2 pounds per unit for producing 60 units of its Product X for the month
of June. There is 10 pounds of material currently available in its inventory and its policy is to
maintain inventory at the end enough for producing 15 units of its product. How many pounds
of material is budgeted to be purchased for the month of June?
120 pounds
b. 30 рounds
150 pounds
d. 140 pounds
а.
с.
Transcribed Image Text:Company B would need 2 pounds per unit for producing 60 units of its Product X for the month of June. There is 10 pounds of material currently available in its inventory and its policy is to maintain inventory at the end enough for producing 15 units of its product. How many pounds of material is budgeted to be purchased for the month of June? 120 pounds b. 30 рounds 150 pounds d. 140 pounds а. с.
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