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Windsor Industries has adopted the following production budget for the four quarters of 2 0 2 2 : Each unit requires 3 k g of
Windsor Industries has adopted the following production budget for the four quarters of :
Each unit requires of raw materials costing $ per kilogram. On December the ending raw materials inventory was
Management wants to have a raw materials inventory at the beginning of each quarter equal to of the current quarter's
production requirements. The production budget for the first quarter of will be units.
Prepare a direct materials purchases budget by quarters for
WINDSOR INDUSTRIES
Direct Materials Purchases Budget kg
For the year ending December
Kilograms per unit
Total required for production
Add
Desired ending inventory
Total materials required
Less
Beginning inventory
Direct materials purchases
Total cost of materials purchases
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