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Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master​...

Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master​ budget:

Units to be produced

October

5,200

November

4,750

December

5,320

Whistle Works sells each whistle for $9. It takes 55 ounces of metal to produce each whistle at a cost of $0.40 per ounce. They prefer to have​ 10% of materials required for the following​ month's production in ending inventory as well. What is the total cost of direct materials for October to meet production​ needs? (Round the final answer to the nearest​ dollar.)

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Answer #1
October
Units to be produced 5200
Material per unit 55
Total material required for production 286000
Add: ending inventory (4750*55*10%) 26125
Less: beginning inventory (286000*10%) (28600)
Purchases (ounce) 283525
Cost per ounce $0.40
Total cost of direct materials $113410
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