A company requires 100 pounds of plastic to meet the production needs of a small toy. It…
A company requires 100 pounds of plastic to meet the production needs of a small toy. It currently has 30 pounds of plastic inventory. The desired ending inventory of plastic is 10 pounds. How many pounds of plastic should be budgeted for purchasing during the coming period?
a. 80 pounds
b. 110 pounds
c. 120 pounds
d. 130 pounds
e. None of these