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Boulware Company's budgeted production calls for 5,900 units in October and 8,900 units in November. Each unit requires 9 pounds (lbs.) of raw material A.
Boulware Company's budgeted production calls for 5,900 units in October and 8,900 units in November. Each unit requires 9 pounds (lbs.) of raw material A. Each month's ending inventory of raw materials should equal 20% of the following month's budgeted materials requirements. The October 1 inventory for this material is 10,620 pounds. What is the budgeted materials purchases in pounds for October? Western Company is preparing a cash budget for June. The company has $11,200 in cash at the beginning of June and anticipates $30,800 in cash receipts and $36,100 in cash payments during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company has no loans outstanding. To maintain the $10,000 required balance, during June the company must: Flagstaff Company has budgeted production units of 9,800 for July and 10,000 for August. The direct materials requirement per unit is 3 ounces (oz.). The company requires to have safety stock of direct materials on hand at the end of each month to complete 25% of the units of budgeted production in the following month. There was 7,350 ounces of direct material in inventory at the start of July. The total ounces of direct materials to be purchased in July is
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