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Ask: Direct material budget Direct Materials Budget For the Quarter Ended March 31 2 Month January FebruaryMarch Quarter 4. 5 Units to be produced (from
Ask: Direct material budget
Direct Materials Budget For the Quarter Ended March 31 2 Month January FebruaryMarch Quarter 4. 5 Units to be produced (from Production Budget) 6 Multiply by: Quantity (pounds) of DM needed per unit 7 Quantity (pounds) needed for production 8 Plus: Desired ending inventory of DM 9 Total quantity (pounds) needed 10 Less: Beginning inventory of DM 11 Quantity (pounds) to purchase 12 Multiply by: Cost per pound 13 Total cost of DM purchases 14Step by Step Solution
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