A Company manufactures and sells one product which requires 8 kg of raw material in its manufacture. The budgeted data relating to the next period are as follows: Units Sales 19,000 Opening inventory of finished goods 4,000 Closing inventory of finished goods 3,000 Kg Opening inventory of raw materials 50,000 Closing inventory of raw materials 53,000 What is the budgeted raw material purchases for next period (in kg)?
A Company manufactures and sells one product which requires 8 kg of raw material in its manufacture. The budgeted data relating to the next period are as follows: Units Sales 19,000 Opening inventory of finished goods 4,000 Closing inventory of finished goods 3,000 Kg Opening inventory of raw materials 50,000 Closing inventory of raw materials 53,000 What is the budgeted raw material purchases for next period (in kg)?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A Company manufactures and sells one product which requires 8 kg of raw material in its manufacture.
The budgeted data relating to the next period are as follows:
Units
Sales 19,000
Opening inventory of finished goods 4,000
Closing inventory of finished goods 3,000
Kg
Opening inventory of raw materials 50,000
Closing inventory of raw materials 53,000
What is the budgeted raw material purchases for next period (in kg)?
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