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Can you show the work pleaseeeee. Question 2 DeWitt Industries has adopted the following production budget for the first 4 months of 2017 Month Units
Can you show the work pleaseeeee.
Question 2 DeWitt Industries has adopted the following production budget for the first 4 months of 2017 Month Units Month Units 10,230 March 5,410 January February 8,150 April 4,500 Each unit requires 3 pounds of raw materials costing $2 per pound. On December 31, 2016, the ending raw materials inventory was 6,138 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter DEWITT INDUSTRIES Direct Materials Purchases Budget For the Quarter Ending March 31, 2017 # anua Februa March Units to be Produced 5410 10230 8150 Direct Materials Per Unit Total Pounds Needed for Production 30690 24450 16230 Add # L | Desired Ending Direct Materials Total Materials Required Less : Beginning Direct Materials Direct Materials Purchases Cost Per Poung Total Cost of Direct Materials Purchases By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructorStep by Step Solution
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