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On the basis of this information, how many board feet of lumber should the company plan to purchase in April?

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(@bulluckrolando)
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Playtime inc.manufactures playground equipment and uses 60 board feet of lumber in each model no 643 produced The company, which anticipates selling 350 units of this model during April, plans to boost its finished goods inventory in April by 80 units in preparation for the peak summer season Playtime expects to manufacture 450 units in May Playtime has only 500 board feet of lumber on hand as of April 1 because of a temporary shortage, and typically maintains a lumber Inventory equal to 20% of the following month's production needs.

On the basis of this information, how many board feet of lumber should the company plan to purchase in April?

  • A . $30,700
    B. $31,200
    C. $31,700
    D. $31,900

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Suggested Answer: A
 
Posted : 09/02/2023 7:02 am

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