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1) direct materials purchase budget — please show calculations
Bottas Manufacturing, Inc. Production Budget For the Quarter Ending March 31, 2019 January February March Quarter Expected unit sales Add: desired ending FG inventory Total units available Less: beginning FG inventory Total units to be produced 7,450 1,631 9,081 7,090 1,914 9,004 8,320 2,087 10,407 22,86 2,08 28,49 (1.,714)(1,631) (1,914) -1,7 4)-1,71. 8,4923,233 7,367 7,373
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Answer #1
Bottas Manufacturing Inc
Direct materials Purchases Budget
For the Quarter Ending March 31, 2019
(a) Units to be produced 7367 7373 8493 23233
(b) DM pounds per unit 2.830052939 2.830055608 2.829977629 2.829983214
(20849/7367) (20866/7373) (24035/8493) (65749/23233)
(c ) Required Pounds [(a)*(b)] 20849 20866 24035 65749
(d) Add: Desired ending DM Inventory 5216 6009 6588 6588
(e ) Total Pounds Available [(c ) + (d)] 26065 26875 30623 72337
(f) Less: Beginning DM inventory 5213 5216 6009 5213
(g) Total Pounds to be purchased [(e ) - (f)] 20852 21659 24614 67124
(h) Cost per pound 1.38 1.38 1.38 1.38
(i) Total Direct material cost [(g)*(h)] 28775.76 29889.42 33967.32 92631.12
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