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Mindful Corp has following data to prepare the materials purchase budget Q1 Required Production in units 2,964.00 Q2 Required Production in units 2,584.00 Q3 Required
Mindful Corp has following data to prepare the materials purchase budget Q1 Required Production in units 2,964.00 Q2 Required Production in units 2,584.00 Q3 Required Production in units 2,356.00 Q4 Required Production in units 2,774.00 1st Quarter Beg raw materials inventor 1185.60 kg 1st Quarter Beg Accounts Payable $5,631.600 Each unit materials weight 0.76kg Each kg costs: $1.52 Desired ending Inventory is 7.6% of next quarter purchase Desired ending inventory for 4th quarter 1193.20 kg 75% Current quarter purchase paid in current quarter 25% Current quarter purchase paid in next quarter Please prepare the materials purchase budget
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