15. Haft Construction Company determines that 54,000 pounds of direct materials are needed for production in...
15. Haft Construction Company determines that 54,000 pounds of direct materials are needed for production in July. There are 3,200 pounds of direct materials on hand at July 1 and the desired ending inventory is 2,800 pounds. If the cost per unit of direct materials is $3, what is the budgeted total cost of direct materials purchases?
Homework Answers
| raw material required for productin during july | 54000 | |
| add closing stock of raw material | 2800 | |
| total raw material available during july | 56800 | |
| less openning stock of july | 3200 | |
| units purchased during july | 53600 | |
| total budgeted cost of raw material purchase during july | 53600*3 | 160800 |
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15. Haft Construction Company determines
that 54,000 pounds of direct materials are needed for production in...
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