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C) Depending of the previous data of production budget prepare the direct material budget, and the schedule of expected cash disbursement for purchases of material
C) Depending of the previous data of production budget prepare the direct material budget, and the schedule of expected cash disbursement for purchases of material through using the following data: 1. Raw material needed per case is 15 pound. 2. Management wants to have ending inventories of pounds, which is 10% of the following quarter's needs (desired ending raw material) for the fourth quarter ending raw material inventory equal 22500 units 3. For cash disbursement for purchases of material, the company policy is to pay for 50% of purchases in the quarter in which the purchase is made and 50% in the following quarter 4. Beginning raw material inventory 21000 unit C) Depending of the previous data of production budget prepare the direct material budget, and the schedule of expected cash disbursement for purchases of material through using the following data: 1. Raw material needed per case is 15 pound. 2. Management wants to have ending inventories of pounds, which is 10% of the following quarter's needs (desired ending raw material) for the fourth quarter ending raw material inventory equal 22500 units 3. For cash disbursement for purchases of material, the company policy is to pay for 50% of purchases in the quarter in which the purchase is made and 50% in the following quarter 4. Beginning raw material inventory 21000 unit
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