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Question #2 PLANNING Budgeted Sales (units) JAN FEB MAR APR Shirts 100 150 200 300 Pants 80 90 140 190 Skirts 150 200 300 350
Question #2 PLANNING Budgeted Sales (units) JAN FEB MAR APR Shirts 100 150 200 300 Pants 80 90 140 190 Skirts 150 200 300 350 Blouses 200 250 350 500 Current Inventory: Jan.1 [Units] Shirts Pants 120 100 Skirts 170 Blouses 150 Target Ending Inventory of Finished goods is to be 20% of next month's sales. Wool 50 Cotton 70 Silk 20 Polyester 80 50 100 50 100 Raw Material Current Inventory: Jan.1 [Kg] Target Ending Inventory (Kg) [each month] Raw Material usage Per unit (in kg): Shirts Pants Skirts Blouses Wool 25 .45 20 0 Cotton 0 .10 .10 .30 Silk .30 0 0 .20 Polyester 40 .05 .25 0 Material cost per kg: Wool $4.00 Cotton $7.00 Silk $12.00 Polyester $2.50 All Materials are bought in 10 kg increments. Materials are paid for 70% in the current month, 30% in the following month. Note: Save Time! Not all the Finished Goods use Silk. REQUIRED: Compute the cash to be paid out for Silk in February
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