Question: Use this information about July production to answer the question that follows. Production estimates for July are as follows: Estimated inventory (units), July 18,500 Desired
Use this information about July production to answer the question that follows.
Production estimates for July are as follows: Estimated inventory (units), July 18,500 Desired inventory (units), July 3110,500 Expected sales volume (units), July76,000For each unit produced, the direct materials requirements are as follows: Direct material A ($5 per lb.)3 lb. Direct material B ($18 per lb.) lb.
The number of pounds of Material A and Material B required for July production is
a. 216,000 lb. of A; 36,000 lb. of B
b. 225,000 lb. of A; 37,500 lb. of B
c. 216,000 lb. of A; 72,000 lb. of B
d. 234,000 lb. of A; 39,000 lb. of B
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