Question
Croesus Enterprises manufactures and sells one product, which requires 10 kg of raw materials to manufacture. The budgeted data relating to the next quarter
Croesus Enterprises manufactures and sells one product, which requires 10 kg of raw materials to manufacture. The budgeted data relating to the next quarter are as follows: Sales Opening inventory of finished goods Closing inventory of finished goods Opening inventory of raw materials Closing inventory of raw materials Units 38 000 B000 6.000 Kg 100 000 96 000 Required: Based on the above data, what is Croesus budgeted raw material purchases for next quarter?
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