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Bramble, Inc. makes and sells serving trays. Each tray uses 1 2 pound of plastic. Budgeted production of trays in units for the next three
Bramble, Inc. makes and sells serving trays. Each tray uses pound of plastic. Budgeted production of trays in units for the next three months is as follows:
tableApril,May,JuneBudgeted production,
The company wants to maintain monthly ending inventories of plastic equal to of the following month's budgeted production needs. The cost of plastic is $ per pound.
Prepare a direct materials purchases budget for the month of May. Round pounds of plastic needed for each bucket to decimal place and cost per pound to two decimal places.
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