Question
Glosm Company showed the following on its direct materials budget for June: Units to be produced 50,000 Total kilos needed for production 4,000 Total kilos
Glosm Company showed the following on its direct materials budget for June:
Units to be produced
50,000
Total kilos needed for production
4,000
Total kilos of materials to be purchased 5,000
The materials cost 2 per kilo. How much is the cost of direct materials per unit?
2. The direct materials budget shows:
Desired ending direct materials
20,000 kilos
Materials purchased
51,400 kilos
Beginning inventory on hand
1,200 kilos
How much is the total direct materials needed for production?
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Sawyer's Internal Auditing The Practice Of Modern Internal Auditing
Authors: Lawrence Sawyer, Mortimer Dittenhofer, James Scheiner
5th Edition
0894131788, 978-0894131783
