Question
Boulware Companys budgeted production calls for 6,400 units in October and 9,400 units in November. Each unit requires 8 pounds (lbs.) of raw material A.
Boulware Companys budgeted production calls for 6,400 units in October and 9,400 units in November. Each unit requires 8 pounds (lbs.) of raw material A. Each months ending inventory of raw materials should equal 30% of the following months budgeted materials requirements. The October 1 inventory for this material is 15,360 pounds. What is the budgeted materials purchases in pounds for October? Multiple Choice: 52,100 lbs 58,400 lbs 73,760 lbs 89,120 lbs 46,180 lbs
Garcia Corporation's April sales forecast projects that 7,600 units will sell at a price of $12.10 per unit. The desired ending inventory is 30% higher than the beginning inventory of 2,600 units. Budgeted purchases in April would be:
Multiple Choice 7,600 units 10,200 units 8,380 units 10,980 units None of these choices are correct
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