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Fill in blanks please The following facts are known: - The total pounds needed for production are 2 times the units to be produced. -
Fill in blanks please The following facts are known: - The total pounds needed for production are 2 times the units to be produced. - The desired ending direct materials inventory in pounds is 20% of the total pounds needed for production - The beginning direct materials inventory in pounds is equal in number to 10% of the units to be produced. - Cost per pound is $5. - The total cost of the direct materials purchases is $1,039,600. Prepare a direct materials budget for the period. Desired ending direct materials inventory Total materials required Beginning direct materials inventory Budgeted direct materials purchases $ Budgeted cost of direct materials purchases v^ $
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