Question
Eydn, Incorporated, is preparing its master budget for the second quarter. The following sales and production data have been forecasted: April May June July Budgeted
Eydn, Incorporated, is preparing its master budget for the second quarter. The following sales and production data have been forecasted:
April May June July Budgeted production Units 550 620 644 580
Finished goods inventory on March 31: 770 units
Raw materials inventory on March 31: 850 pounds
Desired ending inventory each month: Raw materials: 25% of next month's production needs Number of pounds of raw material required per finished unit: 6 pounds
Required: Calculate the amount of purchases of raw materials in pounds for April and May
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
