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Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of 2 4 0 , 0 0 0 units in
Rida Incorporated is preparing its direct materials budget for the second quarter. It budgets production of units in the second quarter and units in the third quarter. Each unit requires pound of direct material, priced at $ per pound. Starting with the second quarter, the company plans to end each quarter with an ending inventory of materials equal to of next quarter's budgeted direct materials required. Raw material inventory is pounds at the beginning of the second quarter.
Prepare a direct materials budget for the second quarter.
Note: Enter "per unit" answers in two decimal places.
tableRIDA INCORPORATED,,Direct Materials Budget,,Units to produce,Second Quarter,Materials required per unit,unitsMaterials needed for production poundspoundsTotal materials required,,Materials to purchase poundsCost of direct materials purchases,,
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