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DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month January Units Month Units 10,150 March April February 8,380
DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month January Units Month Units 10,150 March April February 8,380 5,410 4,320 Each unit requires 3 pounds of raw materials costing $2 par pound. On December 31, 2019, the ending raw materials inventory was 6,090 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter. PLEASE fill out each box CORRECTLY DeWitt Industries has adogtad the following production budget for the first 4 manths of 2020 . Each unit requires 3 pounds of raw materials costing $2 per pound. On Decamber 31,2019 , the andire raw materials imventory was 6,090 pounds. Manazement wants to have a row materials imentory at the end of the month equal to 20% of neat month's production requirements. Prepare a direct materials purchases bud get by month for the first quartar. March
DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month January Units Month Units 10,150 March April February 8,380 5,410 4,320 Each unit requires 3 pounds of raw materials costing $2 par pound. On December 31, 2019, the ending raw materials inventory was 6,090 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by month for the first quarter. PLEASE fill out each box CORRECTLY
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