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24 Sherman has budgeted sales for the upcoming quarter as follows: April May June Units 1,150 1,450 1,300 The desired ending finished goods inventory for
24 Sherman has budgeted sales for the upcoming quarter as follows: April May June Units 1,150 1,450 1,300 The desired ending finished goods inventory for each month is one-half of next month's budgeted sales. Three pounds of direct material are required for each unit produced. If direct material costs $6 per pound, and must be paid for in the month of purchase, the budgeted direct materials purchases (in dollars) for April are: $15,600. $24,750. $7,800. $23,400.
$15,600.
$24,750.
$7,800.
$23,400.
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