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Pasadena candle in corporate budgeted production of 755,000 candles for the year. Wax is required to produce a candle. Assume 11 ounces of wax is
Pasadena candle in corporate budgeted production of 755,000 candles for the year. Wax is required to produce a candle. Assume 11 ounces of wax is required for each candle. The estimated January 1 wax inventory is 16,100 pounds. The desired December 31 wax inventory is 12,700 pounds. If candle was costs $2.10 per pound, determine the direct materials purchases budget for the year. (one pound = 16 ounces). Round all computed answers to the nearest whole dollar. For those boses in which you must enter subtracted or negative numbers use a minus sign.
I am mainly just struggling with computing thr Candles line
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