Roger Abbit has 1,000 opening inventory of raw materials. Purchases will be 900 in January rising by

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Roger Abbit has £1,000 opening inventory of raw materials. Purchases will be £900 in January rising by £200 per month. Production will be 240 units from January to March at £4 raw materials per unit, rising to 250 units per month at £5 raw materials per unit from April to June.

Required:

Prepare R. Abbit’s raw materials budget for January to June.

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Accounting

ISBN: 9781119977186

3rd Edition

Authors: Michael J. Jones

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