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Canary Corporation, Inc. manufactures sunscreen shawis. Three yards of Sun-Free fabricare needed to make one shawl Budgeted production of shawis for the next five months

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Canary Corporation, Inc. manufactures sunscreen shawis. Three yards of Sun-Free fabricare needed to make one shawl Budgeted production of shawis for the next five months is as follows: 14.000 units August September 14,500 units October 15,500 units November 12.600 units December 11,900 units The company wants to maintain monthly ending inventories of Sun-Free fabric equal to 20% of the following month's production needs. On July 31, 2,500 yards of Sun-Free fabric were on hand. The wholesale cost of Sun-Free fabric is $0.85 per yard. The company wants to prepare a Direct Materials Purchase Budget for the rest of the ye The total cost of Sun-Free fabric to be purchased in August is: Multiple Choice $33,840

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