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The following budgeted information is provided: Month 1 2 3 Sales in units 15,000 20,000 18,000 Production in units 16,000 22,000 15,000 One pound of
The following budgeted information is provided:
Month | 1 | 2 | 3 |
---|---|---|---|
Sales in units | 15,000 | 20,000 | 18,000 |
Production in units | 16,000 | 22,000 | 15,000 |
One pound of materials is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs. At the beginning of Month 1, there were 3,200 pounds of materials on hand. Purchases of raw materials for Month 1 would be (in pounds):
Question 19 options:
|
25,000.
|
|
23,400.
|
|
17,200.
|
|
22,000.
|
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