The by quarter for the upcoming fiscal year: has Units to be 5,000 8,000 7,000 6

Question

The by quarter for the upcoming fiscal year: has Units to be 5,000 8,000 7,000 6,000 In addition, 6,000 grams of raw materials in is on hand at the start of the 1st Quarter and the is $2,880. that costs $1.20 per gram. Management desires to end each 8 grams of raw quarter with an inventory of raw materials equal to 25% of the following quarters production needs. The desired ending inventory for the 4th Quarter is 8,000 grams. Management plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the following quarter. Each unit requires 0.20 d ect labor-hours and direct laborers are paid $11.50 per hour Required 1-a. Prepare the company's direct materials budget for the upcoming fiscal year (Round "Unit coet of Direct Materials Budget 1st Quarter 4th in units of f goods Units of raw materials needed to meet production Total units of raw materials needed als to be 0. Cost of raw materials to be

Explanation / Answer

            ANSWER:

           = 0.44 0.0688

           Lower limit = 0.3712, and upper limit = 0.5088

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