Assume That Toy Craft Makes Ragdolls

Assume that Toy Craft makes ragdolls. Each ragdoll requires 12 square feet of fabric. If the number of dolls to be produced during the quarter is 19,000, the desired ending inventory of fabric is 11,400 square feet, the beginning inventory of fabric is 22,800 square feet, and the cost of the fabric is $9 per square foot, what is the total cost of fabric purchases?

A) $216,600
B) $1,949,400
C) $2,154,600
D) $2,052,000
E) $307,800

Correct Answer:

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