TB MC Qu. 07.92 (Algo) Alliance Company budgets production of... Alliance Company budgets production of 31,000 units in January and 35,000 units in February. Each finished unit requires 4 pounds of raw material K that costs $4.00 per pound. Each month's ending raw materials inventory should equal 40% of the following month's budgeted materials. The January 1 inventory for this material is 49,600 pounds. What is the budgeted materials cost for January? TB MC Qu. 07-164 (Algo) Flagstaff Company has budgeted... Flagstaff Company has budgeted production units of 9,600 for July and 9,800 for August. The direct materials requirement per unit is 3 ounces (oz.). The company requires to have safety stock of direct materials on hand at the end of each month to complete 30% of the units of budgeted production in the following month. There was 8,640 ounces of direct material in inventory at the start of July. The total ounces of direct materials to be purchased in July is: TB MC Qu. 07-162 (Algo) Webster Corporation is preparing its cash... Webster Corporation is preparing its cash budget for April. The March 31 cash balance is $37,000. Cash receipts are expected to be $644,000 and cash payments for purchases are expected to be $610,000. Other cash expenses expected are $27,300 selling and $33,800 general and administrative. The company desires a minimum cash balance at the end of each month of $33,000. If necessary, the company borrows enough cash to meet the minimum using a short-term note. The amount Webster must borrow during April is