15. Peoria Manufacturing, Inc., has budgeted production for June of 6,000 units and for July of 8,000 units. Each unit produced requires 4 pounds of raw material A. Peorias beginning inventory of raw material A in June is 4,800 pounds and Peoria requires 20% of the next months budgeted production as ending raw material inventory each month. The number of pounds of raw material A budgeted to be purchased in June is:

16. Preparing a budget for several periods in the future, then revising it several times prior to the budget period is called a:

Peoria Manufacturing, Inc., has budgeted production for June of 6,000 units and for July of 8,000 units. Each unit produced requires 4 pounds of raw material A. Peoria's beginning inventory of raw material A in June is 4,800 pounds and Peoria requires 20% of the next month's budgeted production as ending raw material inventory each month. The number of pounds of raw material A budgeted to be purchased in June is: eBook Multiple Choice 22,400 pounds. 24,000 pounds. 25,600 pounds. 30,400 pounds. Preparing a budget for several periods in the future, then revising it several times prior to the budget period is called a: 16 Multiple Choice eBook O rolling budget. O participative budget. top-down budget. single-period budget