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Westdale Company, Inc. makes and sells a single product, Product R. Three yards of Material K are needed to make one unit of Product R.
Westdale Company, Inc. makes and sells a single product, Product R. Three yards of Material K are needed to make one unit of Product R. Budgeted production of Product R for the next five months is as follows: August 14,000 units September 14,500 units October 15,500 units November 12,600 units December 11,900 units The company wants to maintain monthly ending inventories of Material K equal to 20% of the following month's production needs for sales. On July 31, this requirement was not met since only 2,500 yards of Material K were on hand. The cost of Material K is $.85 per yard. The company wants to prepare a Direct Materials Purchase Budget for the rest of the year. For all answers: only enter digits (round values where necessary). Do not enter $ sign, or commas, or decimal points. The total cost of Material K to be purchased in August is: The total needs (i.e., production requirements plus desired ending inventory) of yards of Material K for the month of November is
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