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Axel Co. shows required production units of 2,000, 3,000 and 4,000 for October, November, and December, respectively. 3 pounds of material are required for each
Axel Co. shows required production units of 2,000, 3,000 and 4,000 for October, November, and December, respectively. 3 pounds of material are required for each unit and the material is expected to cost $5 per pound. Management requires an ending inventory equal to 15% of next months material requirement. The ending inventory for October was 1,350 pounds Prepare a direct material budget for November.
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