Homework Answers
Answer: Total cost of Budgeted Purchases = $34,200
| March | |
| Expected Units of Sales in March | 1200 |
| ADD: Ending inventory (20% of 900) | 180 |
| Total Needed | 1,380 |
| Less: Opening Inventory ( 20% = 1200*20%) | 240 |
| REquired units purchases | 1,140 |
| Budgeted cost for purchases =(1,140*30) | 34,200 |
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