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Compute the budgeted production for june

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Reference no: EM132542051

Lydia Company manufactures a single product. It keeps its inventory of finished goods at twice the coming month's budgeted sales and inventory of raw materials at 150% of the coming month's budgeted production. Each unit of product requires five pounds of materials, which cost P3 per pound. The sales budget is, in units: May, 10,000; June, 12,400; July, 12,600; August, 13,200.

Required:

Question 1. Compute the budgeted production for June.

Question 2. Compute the budgeted production for July.

Question 3. Compute budgeted material purchases for June in pounds and pesos.

Reference no: EM132542051

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