The sales department of F. Pollard Manufacturing Co. has forecast sales in March to be 20,000 units.
Question:
Finished goods inventory, March 1................................. 3,000 units
Finished goods inventory required, March 31................. 1,000 units
Materials used in production:
a. A production budget for March (in units).
b. A direct materials budget for the month (in units and dollars).
Transcribed Image Text:
Required Inventory Inventory Standard March 1 March 31 Cost 500 ga 1,000 gal $2 per gal 1,000 lb ,000 lb $1 per lb
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Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
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