Answer |
The Correct option is D: $18,850 |
Expalnation |
Budgeted amount for purchase of Crimpson |
[$10 × (2,035 units (Luxuria units produced) – 150 units (Units in hand)] = $18,850 |
Working Note |
Number of units of Luxuria to be produced = [1,900 units (Estimated sales) + 230 units (Budgeted ending inventory) – 95 units (Opening inventory)] = 2,035 units |
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2 points Save Ans Meridian Industries manufactures and sells two models of watches, Prime and Luxuria....
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