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please use the information from queston 11 to answer question 12. thank you! As of January 17, projected sales volume is 40,000 units for January,
please use the information from queston 11 to answer question 12.thank you!
As of January 17, projected sales volume is 40,000 units for January, 70,000 anits for February, 90,000 units for March, 120,000 units for April, and 140,000 units for May. Qwerty has 5,000 units of finished goods and 40,000 gallons of direct materials in beginning inventory. Each month, Qwerty wants to have finished goods inventory of 20% of the following month's expected sales, and direct materials inventory of 30% of the following moath's direct materials production needs. Calculate Qusctu's forecast direct materials purchases in dollars for March. Production for March =90,000+120,00020%=90,00020%=96,000 units Production for April =120,000+140,00020%120,00020%=124,000 units Purchase for March in gallons =96,0008+124,000830%96,0008 30%=835,200 gallons Purchase for March in dollars =835,20055=$4,176,000 ANSWER: 54,176,000 12. What is Qwerty's budgeted DM usage for January
thank you!
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