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Raw material (Q) is used in the production of the unit. The companys policy is based on maintaining a stock of raw material (Q) at
- Raw material (Q) is used in the production of the unit. The company’s policy is based on maintaining a stock of raw material (Q) at the end of each quarter, equivalent to 25% of the expected needs for the next quarter. The production of one unit requires 2 kg of raw material (Q), and the company had 60,000 kg of raw material (Q) at the beginning of the first quarter of the year 2012. The budget for the quantity of purchases of raw material (Q) for the second quarter of the year 2012 will be:
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