Stephanie Corporation sells a single product. Budgeted sales for the year are anticipated to be 691,000 units, estimated beginning inventory is 105,000 units, and desired ending inventory is 88,000 units. The quantities of direct materials expected to be used for each unit of finished product are given below. 

Material A: 0.50 lb. per unit @ $0.60 per pound 

Material B: 1.00 lb. per unit @ $1.53 per pound 

Material C: 1.20 lb. per unit @ $1.18 per pound 

The dollar amount of material A used in production during the year is

A. $203,700

B. $1,038,870

C. $209,100

D. $961,464

Answer rating: 100% (QA)

Production unit Budgeted salesDesired e... View the full answer