The production of product Q has been budgeted for 200,000 units for the current
ID: 2459941 • Letter: T
Question
The production of product Q has been budgeted for 200,000 units for the current month. One unit of product Q requires 2 pounds of raw materials. The projected materials beginning inventory is 2,000 pounds, and the projected materials ending inventory is 10,000 pounds. The cost of materials is $4.00 per pound.
The budgeted cost of materials purchases for the current month is:
The production of product Q has been budgeted for 200,000 units for the current month. One unit of product Q requires 2 pounds of raw materials. The projected materials beginning inventory is 2,000 pounds, and the projected materials ending inventory is 10,000 pounds. The cost of materials is $4.00 per pound.
The budgeted cost of materials purchases for the current month is:
Explanation / Answer
The budgeted cost of materials purchases for the current month is:=The production of product Q has been budgeted for 200,000 units for the current month*2+ending inventory is 10,000 pounds-beginning inventory is 2,000 pounds=408,000 pounds
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.