COTB MC Qu. 8-44 (Algo) Assume the sales budget for April.Assume the sales budget for April and May is 48,000 unts and S0,000 units, respectively The production budget for the same two months is 45,000units and 46,000 units, respectively. Each unit of finished goods required 3 pounds of raw materials. The compony always mantans raw meterialsInventory equal to 20% of the following month's production needs. How many pounds of raw material need to be purchased in Apri?Mutiple Choice135.600137600135.200

Solution.. Units to be produced April = 45,000 units May = 46,000 units Raw material required…

COTB MC Qu. 8-44 (Algo) Assume the sales budget for April. Assume the sales budget for Aprit and May is 48.000 units and S0.000 units, respectively The producton budget for he same teo moths4.000 units and 46,000 units, respectively. Each unit of finished goods regured 3 pounds of raw materials. The company atways maintans re materas inventory equal to 20% of the following month's production needs. How marny pounds of rew material need to be purcased in Apri Mutiple Choice 600 07600 135.200

COTB MC Qu. 8-44 (Algo) Assume the sales budget for April. Assume the sales budget for Aprit and May is 48.000 units and S0.000 units, respectively The producton budget for he same teo moths4.000 units and 46,000 units, respectively. Each unit of finished goods regured 3 pounds of raw materials. The company atways maintans re materas inventory equal to 20% of the following month's production needs. How marny pounds of rew material need to be purcased in Apri Mutiple Choice 600 07600 135.200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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