G D 1 Question 2 (56 Marks) 2 Toronto Ltd. manufactures picture frames. Sales for December are expected to be 22,000 units of various sizes. Historically, the average 3 frame requires four metres of framing, one square metre of glass, and two square metres of backing. Beginning inventory includes 1,500 metre 4 of framing, 500 square metres of glass, and 500 square metres of backing. Current prices are $0.30 per metre of framing. $6.00 per square metre of 5 glass, and $2.5 per square metre of backing. Ending inventory should be 160% of beginning inventory. Purchases are paid for in the month 6 acquired. 7 8 Required: 9 1. Determine the quantity of framing, glass, and backing that is to be purchased during December. 10 11 12 Inventory Framing Glass Backing 13 Beginning 1500 500 500 14 Ending 2400 B00 800 15 16 22,000 units 500 1000 17 18 Total needs 19 Less: Beginning Inventory 20 21 Purchases planned 22 23 24 2. Determine the total costs of direct materials for December purchases 25 26 Framing Backing Question Question2 D