Question

Return to Blackboard JS Davis, Managerial Accounting, 3e Help I System Announcements PRINTER VERSSION CALCULATOR BACK NEXT January February March April Budgeted production (units) 10,000 8,000 9,000 12,000 Each unit contains 3 pounds of raw material. The desired raw materials ending inventory is 120 % of the next month's production needs, plus an additional 500 pounds.. January's beginning inventory requirements equal 120 % of the current month's production needs, plus an additional 500 pounds. Prepare the direct materials purchases budget for the first three months of the coming year. (Round answers to o decimal places, e.g. 5,275.) March January February Quarter Budgeted production Standard pounds per unit Production needs Budgeted ending inventory Total DM required (Ibs.) Beginning inventory Budgeted purchases (ibs.) LINK TO VIDEO INK TO TEXT SUBMIT ANSWER SAVE FOR LATER Question Attempts: 0 of 4 ussed

Answer 1

	January	February	March	Quarter
Budgeted production	10000	8000	9000	27000
Standard pound per unit	3	3	3	3
Production needs	30000	24000	27000	81000
Budgeted ending inventory	29300	32900	43700	43700
Total DM required	59300	56900	70700	124700
Beginning inventory	-36500	-29300	-32900	-36500
Budgeted production	22800	27600	37800	88200