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Samano Industries has adopted the following production budget for the four quarters of 2 0 2 4 : Quarter 1 Quarter 2 Quarter 3 Quarter
Samano Industries has adopted the following production budget for the four quarters of :
Quarter Quarter Quarter Quarter
Units
Each units requires kg of raw materials costing $ per kilogram. On December the
ending inventory of raw materials was kg Management wants to have a raw materials
inventory at the beginning of each quarter equal to of the current quarter's production
requirements. The production budget for the first quarter of will be units.
Hint make sure to keep track of Kg and units
Use the information provided to answer the following questions:
a What is the BEGINNING raw materials inventory in kilograms of material for each quarter?
b What is the ENDING raw materials inventory in kilograms of material for each quarter?
Prepare direct materials purchases budget for Quarter and answer the following questions:
c What are the total kilograms of raw material that are needed for production in Quarter
d What are the total kilograms of raw material that need to be purchased in Quarter
e What is the total cost of the raw materials purchased in Quarter can you give me step by step solution in a text and explain the sum please and thank you
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