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carol corp makes and sells large ceramic planters. one planter requires 8 pounds of thw raw material clay. budgeted production planters for thw next five
carol corp makes and sells large ceramic planters. one planter requires 8 pounds of thw raw material clay. budgeted production planters for thw next five months is as follows:
august 240 units
sept. 220 units
oct. 240 units
nov. 250 units
dec. 150 units
the company wants to maintain a monthly ending inventories of clay equal to 25% of the following months production needs. on july 31st there are 480 pounds of clay on hand. the cost is $2 per pound. prepare the direct materials budget for clay fpr august and sept.
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