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Question 3 Not yet answered Marked out of 1.2 Flag question XYZ Company is preparing its direct materials budget. Budgeted production for January, February,
Question 3 Not yet answered Marked out of 1.2 Flag question XYZ Company is preparing its direct materials budget. Budgeted production for January, February, March, and April are 5000 units, 7000 units. 6500 units, and 8000 units, respectively. To produce one unit of finished product, three kilograms of direct materials are needed. Direct materials inventory at the beginning of any month should be 20% of that month's production needs. Each kilogram of direct material costs the company $20. What is the total cost of direct materials to be purchased in February? Select one: Oa. $393.300 O b. $372.600 O c. $414,000 O d. None of the given answers O e $351.900 Question 4 Not yet answered Marked out of 12 Flag question Company XYZ has total prime cost of $24,000 and total conversion cost of $48.000. Assume that manufacturing overhead cost is twice the direct labor cost, how much is the direct materials cost? Select one: O a. 24.000 O b. None of the given answers Oc 16,000 O d. 32.000 e. 8.000
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