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The budget components for Marigold Company for the quarter ended June 3 0 appear below. Marigold sells high performance coolers for $ 1 2 0
The budget components for Marigold Company for the quarter ended June appear below. Marigold sells high performance coolers for $ each. Budgeted sales and production for the next three months are:
tableSales,ProductionApril units, unitsMay units, unitsJune units, units
Marigold desires to have coolers on hand at the end of each month equal to percent of the following month's budgeted sales in units. On March Marigold had completed units on hand. Five pounds of plastic are required for each cooler. At the end of each month, Marigold desires to have percent of the following month's production material needs on hand. At March Marigold had pounds of plastic on hand. The materials used in production cost $ per pound. The production of each cooler requires hours of direct labor.
Determine the budgeted cost of direct materials purchases for the month of April.
Budgeted cost of direct materials purchases for April $
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