Answer:
wool purchased = 140,000 yards
Explanation:
given data
wool in each blanket = five yards
production budget = 30,000 blankets
beginning inventory = 30,000 yards
Ending inventory = 20,000 yards
wool costs = $10
to find out
How many yards of wool should Comfy purchase
solution
we get first production in yards that is
production in yards = 30,000 × 5
production in yards = 150,000
and
wool purchased will be
wool purchased = production - ( beginning inventory - Ending inventory)
wool purchased = 150,000 - ( 30000 - 20000 )
wool purchased = 140,000 yards
