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Carrasco Corporation has the following data: Sales (units) Production (units) June 19,500 21,000 July 20,000 18,000...

  1. Carrasco Corporation has the following data:

Sales (units)

Production (units)

June

19,500

21,000

July

20,000

18,000

August

23,000

25,000

Three pounds of raw material are required for each finished unit. The inventory of materials at the end of each month should equal 25% of the following month’s production needs. Purchases of raw materials for July should be:

  1. 62,250 pounds
  2. 57,750 pounds
  3. 59,250 pounds
  4. 48,750 pounds
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