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Calculate total payment for materials in november September. November sales will SALES PROJECTIONS Wilson Sports basketball sales in August were 150,000 units. Sales are expected

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Calculate total payment for materials in november

September. November sales will SALES PROJECTIONS Wilson Sports basketball sales in August were 150,000 units. Sales are expected to grow by 2% in September October sales are expected to be 1,000 units less than be 3% more than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL TO 25% OF NEXT MONTH SALES ACTUAL BEGINNING INVENTORY 38,500 UNITS DIRECT MATERIALS MAINTAIN AND ENDING INVENTORY EQUAL TO 30% OF NEXT MONTH PRODUCTION ACTUAL BEGINNING INVENTORY 9.000 POUNDS The cost of materials purchased in August were $210,000 REQUIREMENTS Each basketball requires 25 pounds of materials at a cost of $7 per pound. December production are projected to be 156.000 units. 90% of direct materials purchased are paid in cash and the remaining 10% are paid in the next month. CALCULATE TOTAL PAYMENT FOR MATERIALS IN NOVEMBER

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