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Exercise 5-13 Crane Auto has developed the following production plan for its new auto part. January 10,000 February March 8,000 9,000 April 12,000 Budgeted production
Exercise 5-13 Crane Auto has developed the following production plan for its new auto part. January 10,000 February March 8,000 9,000 April 12,000 Budgeted production (units) Each unit contains 3 pounds of raw material. The desired raw materials ending inventory is 120% of the next month's production needs, plus an additional 500 pounds. January's beginning inventory requirements equal 120% of the current month's production needs, plus an additional 500 pounds. Prepare the direct materials purchases budget for the first three months of the coming year. (Round answers to decimal places, e.g. 5,275.) January February March Quarter
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