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cise 11 It takes 5 Ibs tomatoes to make a jar of Luig's tomato sauce. Luigi starts January with 100 lbs of tomatoes and wants
cise 11 It takes 5 Ibs tomatoes to make a jar of Luig's tomato sauce. Luigi starts January with 100 lbs of tomatoes and wants to keep an ending inventory equal to 1 production. Tomatoes cost Luigi 20 cents a pound. Prepare a direct materials budget. 0% of tomatoes needed for next month's Month January February March April Jars Needed 110 120 110 130 March 110 (show subtractions as negati Required production (in units) x Raw materials needed per unit (lb) 110 5 550 120 Production needs (lbs) +Desired ending inventory (Ibs) - Beginning inventory (lbs) Raw materials to be purchased (Ibs) x Cost per raw material (per lb) -Cost of raw material purchases 600 550 x X X x X X
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