What would be the purchases budget for the raw material for Olaska Jaysung Bros Ltd? a. 362,000
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What would be the purchases budget for the raw material for Olaska Jaysung Bros Ltd?
a. 362,000 kgs
b. 282,000 kgs
c. 392,000 kgs
d. 342,000 kgs
Olaska Jaysung Bros Ltd produces hockey sticks and the company’s projected sales for the next month and beginning and ending inventory data are as follow:
The selling price is €40 per unit. Each unit requires 8 meters of material, which costs €2 per meter. The beginning inventory of raw material is 30,000 kgs. The company wants to have 40,000 kgs of material in inventory at the end of the month. Material required is 4 kgs per unit.
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