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than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS
than October. The selling price of the basketballs will remain the same $30 per unit. December sales projection is 157,000 units. INVENTORY POLICIES FINISHED GOODS MAINTAIN AND ENDING INVENTORY EQUAL TO 25% OF NEXT MONTH SALES ACTUAL BEGNNING INVENTORY 38.500 UNITS DIRECT MATERIALS MAINTAIN AND ENDING INVENTORY EQUAL TO 30% OF NEXT MONTH PRODUCTON ACTUAL BEGNNING INVENTORY 9,000 POUNDS The cost of materials purchased in August were $210,000 REQUIREMENTS Each basketball requires 25 pounds of materials at a cost of 57 per pound. December production are projected to be 156,000 units. 90% of direct materials purchased are paid in cash and the remaining 10% are paid in the next month. CALCULATE TOTAL PAYMENT FOR MATERIALS IN NOVEMBER ROUND YOUR ANSWER TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS
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