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Emerald Co. Budgeted the following production for first quarter of the year: January 30,000 units February 20,000 units March 40,000 units Each unit requires 3
Emerald Co. Budgeted the following production for first quarter of the year:
January 30,000 units
February 20,000 units
March 40,000 units
Each unit requires 3 kg of direct material. The company's policy is to have 20% of the following month's production needs for direct materials inventory. On January 1, the direct materials inventory equalled 11,000 kg.
Refer to Emerald Company. What was the ending direct materials inventory for January?
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