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Hewson Co. budgets the following beginning and ending inventory levels for August 2021: Aug. 1, 2021, Aug. 31, 2021 Raw Materials Inventory 17,000 kilos 22,000
Hewson Co. budgets the following beginning and ending inventory levels for August 2021:
Aug. 1, 2021, Aug. 31, 2021
Raw Materials Inventory 17,000 kilos 22,000 kilos
4.90 kilos of raw materials are needed to produce each unit of the finished product, and all raw materials used are direct materials. Hewson plans to purchase 530,000 kilos of raw materials during August. Calculate Hewsons budgeted production units for August 2021 (round to the nearest unit).
PLEASE SHOW ALL YOUR CALCULATIONS!
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