Solution-Prepare a direct materials pruchases budget by

Prepare a direct materials pruchases budget by month

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Reference no: EM132952815

DeWitt Industries has adopted the following production budget for the first 4 months of 2020.

Month units

January 10340

march 5440

february 8480

april 4230

Each unit requires 3 pounds of raw materials costing $4 per pound. On December 31, 2019, the ending raw materials inventory was 6,204 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements.

Problem 1: Prepare a direct materials pruchases budget by month for this first quarter

Reference no: EM132952815

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Prepare a direct materials pruchases budget by month

Reference no: EM132952815

Reference no: EM132952815

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