Homework Answers
Answer
--Correct Answer= Option 'B' 67,200 pounds
| A = 24000 units x 3 pounds | Budgeted requirement for January production | 72000 |
| B = 28000 units x 3 pounds x 40% | Desired ending inventory | 33600 |
| C = A+B | 105600 | |
| D | Beginning Inventory | 38400 |
| E = C-D | Pounds to be purchased | 67200 |
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and 34,000 units in the February. Each finished unit requires 3
pounds of raw material K that costs $3.50 per pound. Each month's
ending raw materials inventory should equal 35% of the following
month's budgeted materials. The January 1 inventory for this
material is 31,500 pounds. What is the budgeted materials needed in
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Multiple Choice
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and 34,000 units in the February. Each finished unit requires 3
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ending raw materials inventory should equal 35% of the following
month's budgeted materials. The January 1 inventory for this
material is 31,500 pounds. What is the budgeted materials needed in
pounds for January?
Multiple Choice
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58,500 pounds.
125,700 pounds.
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