of the coming month's budgeted sales, inventory of raw materials at 50% of the coming month's budgeted production needs. Each unit of product requires two kilos of materials. The production budget is in units: May 10,000; June 12.000; July 13.000; August 16,000. Raw materials purchases (in kilos) in June would be *

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

32

NUBD Company manufactures a single product. It keeps its inventory of finished goods at 75%
of the coming month's budgeted sales, inventory of raw materials at 50% of the coming
month's budgeted production needs. Each unit of product requires two kilos of materials. The
production budget is in units: May 10,000; June 12,000; July 13,000; August 16,000. Raw
materials purchases (in kilos) in June would be *
O 15,250
O 25,500
O 28,000
O 30,000
Transcribed Image Text:NUBD Company manufactures a single product. It keeps its inventory of finished goods at 75% of the coming month's budgeted sales, inventory of raw materials at 50% of the coming month's budgeted production needs. Each unit of product requires two kilos of materials. The production budget is in units: May 10,000; June 12,000; July 13,000; August 16,000. Raw materials purchases (in kilos) in June would be * O 15,250 O 25,500 O 28,000 O 30,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education