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Direct material budget Nova Plastics 10-litre buckets. the company expected to introduce 825,000 buckets in 2020. Nova Plastics purchases high-density polyethylene (HDPE) to produce the

Direct material budget

Nova Plastics 10-litre buckets. the company expected to introduce 825,000 buckets in 2020. Nova Plastics purchases high-density polyethylene (HDPE) to produce the buckets. Each pound of HDPE makes two 10-liter buckets. Nova's target ending inventory is 43,500 pounds of HDPE; its beginning inventory is 35,200.

Compute the amount o HDPE that needs to be purchased in 2020.

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