Tidewater plans to sell 85,000 units of product no. 794 in May, and each of these units requires three units of raw material. Pertinent data follow. Product Nol. 794 Raw Material Actual May 1 inventory 11,000 units 29,000 units Desired May 31 inventory 17,000 units 20,000 units On the basis of the information presented, how many units of raw material should Tidewater purchase for use in May production? 228,000 246,000 264,000 282,000 some other amount

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Tidewater plans to sell 85,000 units of product no. 794 in May, and each of these units requires three units of
raw material. Pertinent data follow.
Product Nol. 794
Raw Material
Actual May 1 inventory
11,000 units
29,000 units
Desired May 31 inventory
17,000 units
20,000 units
On the basis of the information presented, how many units of raw material should Tidewater purchase for use
in May production?
228,000
246,000
264,000
282,000
some other amount
Transcribed Image Text:Tidewater plans to sell 85,000 units of product no. 794 in May, and each of these units requires three units of raw material. Pertinent data follow. Product Nol. 794 Raw Material Actual May 1 inventory 11,000 units 29,000 units Desired May 31 inventory 17,000 units 20,000 units On the basis of the information presented, how many units of raw material should Tidewater purchase for use in May production? 228,000 246,000 264,000 282,000 some other amount
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