Sill Corporation manufactures a product. Budgeted unit sales for January, February, March and April are 9,900, 11,400, 11,900 and 13,400 units, respectively. 

Finished goods stock equals 20% of the next month's sales. 

The closed raw material stock is equal to 40% of the next month's raw material production need. 

Each unit of finished product requires 5 pounds of raw materials. 

If 61,000 pounds of raw materials are required for production in March, calculate the budgeted raw material purchases for February.

Answer rating: 100% (QA)

The budgeted raw material purchases for February c... View the full answer