Wadi Aseeb Company produces curtains. The production budget in units for the next five months is: May 10,000 units, June 14,000, July 15,000,August 16,000, and September 18,000 units. Each curtain requires 5 meters of cotton fabric. The company's cotton fabric inventory policy forending inventory is 40% of next month's production needs. On May 1 the cotton fabric in stock was 20,000 meters. How much of the cotton fabricneeds to be purchased for July in meters?O a. 77,000O b. 58,000Oc. 84,00OO d. 72,000O .None of the given answers.

Working: May June July August September Budgeted Productions (units) 10,000 14,000 15,000…

Wadi Aseeb Company produces curtains. The production budget in units for the next five months is: May 10,000 units, June 14,000, July 15,C August 16,000, and September 18,000 units. Each curtain requires 5 meters of cotton fabric. The company's cotton fabric inventory policy fa ending inventory is 40% of next month's production needs. On May 1 the cotton fabric in stock was 20,000 meters. How much of the cotton f needs to be purchased for July in meters? O a. 77,000

Wadi Aseeb Company produces curtains. The production budget in units for the next five months is: May 10,000 units, June 14,000, July 15,C August 16,000, and September 18,000 units. Each curtain requires 5 meters of cotton fabric. The company's cotton fabric inventory policy fa ending inventory is 40% of next month's production needs. On May 1 the cotton fabric in stock was 20,000 meters. How much of the cotton f needs to be purchased for July in meters? O a. 77,000

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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