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and 520,000 trans- erial. The company Electro Company budgets production of 450,000 transmissions in the second quarter and 520.000 missions in the third quarter. Each
and 520,000 trans- erial. The company Electro Company budgets production of 450,000 transmissions in the second quarter and 520.000 missions in the third quarter. Each transmission requires 0.80 pounds of a key raw material. The co aims to end each quarter with an ending inventory of direct materials equal to 20% of next quarter geted materials requirements. Beginning inventory of this raw material is 72,000 pounds. Direct mate cost $1.70 per pound. Prepare a direct materials budget for the second quarter. DR
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