Polyhidron Corporation produces 5-gallon plastic buckets. The company expects to produce 430,000 buckets in 2018. Polyhidron purchases high-quality plastic granules for the production of buckets. Each pound of plastic granules produces two 5-gallon buckets. Target ending inventory of the company is 35,200 pounds of plastic granules; its beginning inventory is 22,500. Compute how many pounds of plastic granules need to be purchased in 2018.
Polyhidron Corporation produces 5-gallon plastic buckets. The company expects to produce 430,000 buckets in 2018. Polyhidron purchases high-quality plastic granules for the production of buckets. Each pound of plastic granules produces two 5-gallon buckets. Target ending inventory of the company is 35,200 pounds of plastic granules; its beginning inventory is 22,500. Compute how many pounds of plastic granules need to be purchased in 2018.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Polyhidron Corporation produces 5-gallon
plastic buckets. The company expects to
produce 430,000 buckets in 2018. Polyhidron
purchases high-quality plastic granules for the
production of buckets. Each pound of plastic
granules produces two 5-gallon buckets. Target
ending inventory of the company is 35,200
pounds of plastic granules; its beginning
inventory is 22,500. Compute how many pounds
of plastic granules need to be purchased in
2018.
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