Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below: JanuaryFebruaryMarchBudgeted production (in units)70,000?80,000Budgeted raw materials purchases (in pounds)142,400151,600158,800Two pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 30% of the following month's production needs. The company is expected to have 42,000 pounds of raw materials on hand on January 1. Budgeted production for February should be: (Round your intermediate calculations to 2 decimal places.)
A. 80,000 units
B. 103,400 units
C. 80,600 units
D. 74,000 units
Answer: D
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