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Question 1 of 1 -/10 View Policies Current Attempt in Progress Laura Kevin. Bramble & Jason Fabricators purchasing manager, has just received the company's production

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Question 1 of 1 -/10 View Policies Current Attempt in Progress Laura Kevin. Bramble & Jason Fabricators purchasing manager, has just received the company's production budget for the first quarter Budgeted unit sales - Budgeted ending inventory Total units required -Beginning inventory Budgeted production January 21.000 8,400 29.400 3.000 26,400 February 28,000 9.000 37.000 8,400 28,600 March 30,000 10.200 40,200 9,000 31.200 Quarter 79.000 10.200 89.200 3,000 - 86,200 Budgeted sales for Aprilis 34,000 units and for May is 26.000 units Each brick requires 6 pounds of clay, and Laura expects to pay $1.50 per pound of clay in the coming year. Company policy requires an ending direct materials inventory each month that will meet 10% of the following month's production needs. Company policy requires an endine finished goods inventory each month that will meet 30% of the following month's sales volume. Laura expects to have 15.000 pounds of clay at a cost of $22,500 in Inventory at the beginning of the year. Prepare Bramble & Jason's direct materials purchases budget for the first quarter. (Enter price per pound to 2 decimal places 52.75.) January February March 23 5-15 Question 1 of 1 - / 10 Prepare Bramble & Jason's direct materials purchases budget for the first quarter. (Enterprice per pound to 2 decimal places, s. 52.75.) January February March Begioning inventory Budgeted ending inventory Budgeted production Budgeted purchases (1) Budgeted purchases cost Production needs Standard cost per pound Standard pounds per unit Total DM required (lbs) $ $ $ $ $ $ e Textbook and Media Sove for Later Attempts: 0 of 15 used Subot Answer StV RE 990

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