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Business, 18.05.2021 19:00 miami158999

Prestwich Company has budgeted production for next year as follows: Quarter First Second Third Fourth Production in units 64,000 84,000 94,000 74,000 Two pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 30% of the next quarter's production needs for material A. A total of 38,400 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be:

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