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I could use some help with this problem in detail please. I have been trying to fogure it out and im not getting it. Thank
I could use some help with this problem in detail please. I have been trying to fogure it out and im not getting it. Thank you. Crane Auto has developed the following production plan for its new auto part January February March April Budgeted production (units) 10.000 8,000 9,000 12,000 Each unit contains 3 pounds of raw material. The desired raw materials ending inventory is 120% of the next month's production needs, plus an additional 500 pounds. January's beginning inventory requirements equal 120% of the current month's production needs, plus an additional 500 pounds Prepare the direct materials purchases budget for the first three months of the coming year. (Round answers to decimal places, c. 5.275.) January February March Quarter January February March Quarter Budgeted production 10000 8000 9000 27000 Standard pounds per unit 3 3 3 3 Production needs > Budgeted ending inventory Total DM required (lbs.) > > Budgeted purchases (lbs.)
I could use some help with this problem in detail please. I have been trying to fogure it out and im not getting it. Thank you.
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