ABC Companys budgeted sales for June, July, and August are 15,000, 19,000, and 16,700 units, respectively. ABC
Fantastic news! We've Found the answer you've been seeking!
Question:
ABC Companys budgeted sales for June, July, and August are 15,000, 19,000, and 16,700 units, respectively. ABC requires 40% of the next months budgeted unit sales as finished goods inventory each month. Budgeted ending finished goods inventory for May is 6,000 units. Each unit that ABC Company produces uses 4 pounds of raw material.ABC requires 35% of the next months budgeted production as raw material inventory each month. |
Required: |
Calculate the number of pounds of raw material to be purchased in June. |
Number of pounds:
|
Posted Date: