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Carla Vista Ltd. estimates sales for the second quarter of 2022 will be as follows. Carla Vista Ltd. estimates sales for the second quarter of
Carla Vista Ltd. estimates sales for the second quarter of 2022 will be as follows.
Carla Vista Ltd. estimates sales for the second quarter of 2022 will be as follows. Month Units FE April 2,440 May 2,540 June 2,310 The target ending inventory of finished products is as follows. March 31 1,920 April 30 2,100 May 31 2,080 June 30 2.250 Two units of materials are required for each unit of finished product. Production for July is estimated at 2,560 units to start building inventory for the fall sales period. Carla Vista's policy is to have an inventory of raw materials at the end of each month equal to 50% of the following month's production requirements. Raw materials are expected to cost $4 per unit throughout the period. Calculate the May raw materials purchases in dollars. Raw material purchases cost $Step by Step Solution
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