31:32 Hide Timer Question 18 View Policies Current Attempt in Progress Bonita Inc.makes and sells a single product, buckets. It takes 40 ounces of plastic to make one bucket. Budgeted production of buckets for the next three months is as follows: August 92000 units, September 72000 units. October 68000 units. The company wants to maintain monthly ending inventories of plastic equal to 10% of the following month's production needs. On August 31, 200000 ounces of plastic were on hand. The cost of plastic is $0.04 per ounce. How much is the ending inventory of plastic to be reported on the company's balance sheet at September 30? $272000 $10880 $11520 $7200 Save for Later Attempts: 0 of 1 used Submit Answer Assignment sent to Gradebook Your grade is being recorded Thu, May 21, 2020. 2.29.22 PM America/Vancouver 07.00)