Question
RyRy, Inc. manufactures dance apparel. Unit sales projections for the first five months of the upcoming year are as follows: Month Unit Sales January 3,500
RyRy, Inc. manufactures dance apparel. Unit sales projections for the first five months of the upcoming year are as follows:
| Month | Unit Sales |
| January | 3,500 |
| February | 3,800 |
| March | 3,300 |
| April | 4,800 |
| March | 5,000 |
Beginning finished goods inventory consisted of 950 units. The desired inventory of units at the end of each month in the upcoming year should equal 25% of the following months budgeted unit sales.
What is the expected dollar amount of raw material purchases for the first quarter of the upcoming year?
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The Essential Handbook Of Internal Auditing
Authors: K. H. Spencer Pickett
1st Edition
0470013168, 978-0470013168
