Question
A company called Procter & Gamble owns a dog & cat food brand called Eukanuba. It is sold in 1kg, 3kg and 7.5kg bag sizes.
A company called Procter & Gamble owns a dog & cat food brand called Eukanuba. It is sold in 1kg, 3kg and 7.5kg bag sizes. For the next year, the manager decided to supplement his income by increasing the sales and purchases as follow:
Statement | 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter |
Estimated Sales units | 10,000 | 11,000 | 12,000 | 14,000 |
He ended the previous year with 1000 units and would like to complete operations in next year with at least 5% of same quarter sales. The purchase price per units $20.
Instructions:
Prepare purchase budget for next year.
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
