Question
rida inc. a manufacture in a seasonal industry is preparing its direct materials budget for the second quarter. it plans prodroduction of 240000 units in
rida inc. a manufacture in a seasonal industry is preparing its direct materials budget for the second quarter.
it plans prodroduction of 240000 units in the second quarter and 52,500 units in the third quarter.
Raw material inventory is 43,200 pound at the beginning of the second quarter. other information follows.
prepare a direct material budget for second quarter.
direct material.....each unit requires 0.60 pound. The company plans to end each quarter with an ending inventory of materials equal to 30% of next quarter's budgeted materials requirement.
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