Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

TB MC Qu. 20-94 Masterson Companys budgeted... Masterson Company's budgeted production calls for 67,000 units in April and 63,000 units in May of a key raw material that costs $1.65 per unit. Each month's ending raw materials inventory should equal 20% of the following month's budgeted materials. The April 1 inventory for this material is 13,400 units. What is the budgeted materials purchases for April

Sagot :

Answer:

Total Purchases(in $) 109,230

Explanation:

The computation of the budgeted material purchase is shown below;

Budgeted Production (in units)  67,000

Add:-Desired Ending Inventory (20% of 63,000) (in units)     12,600

Total needed (in units)  79,600

Less:-Opening Inventory (in units) 13,400

Total Purchases (in units)  66,200

Price per unit(in $)     1.65

Total Purchases(in $) 109,230

Hence, the same would be relevant

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.