An examination of Long Corporation’s budget for June revealed the following info
ID: 2562718 • Letter: A
Question
An examination of Long Corporation’s budget for June revealed the following information:
Budgeted balance of raw materials, June 1: 46,000 units
Budgeted balance of raw materials, June 30: 51,000 units
Budgeted purchases of raw materials during June: 185,000 units
Long’s finished product requires four units of raw materials. On the basis of this information, how many units of finished products are expected to be manufactured during June?
70,500
47,500
57,750
Some other amount
45,000
A.70,500
B.47,500
C.57,750
D.Some other amount
E.45,000
Explanation / Answer
Answer Is E. 45,000
Explanation:
A. Budgeted balance of raw materials, June 1: 46,000 units
B. Budgeted purchases of raw materials during June: 185,000 units
C. Budgeted balance of raw materials, June 30: 51,000 units
D. Budgeted raw materials available for manufacture during June is 180,000 units ( 46,000+185,000-51,000)
E. Finished products are expected to be manufactured during June os 45,000 units ( 180,000 units /4 units)
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