Assume that marchrsquos budgeted sales are 10000 units


Assume that March’s budgeted sales are 10,000 units. Beginning finished goods inventory contained 1,000 units, and 1,500 units are desired to be on hand at month end. Conversely, beginning direct materials inventory consisted of 1,500 units, but only 1,000 units are desired to be on hand at month end. Each finished unit requires 2 units of raw materials and 1 hour of direct labor. Raw materials cost $6 per unit, direct labor costs $9 per hour, factory overhead is applied at $7 per hour, and the company has no work in process. How much will raw material purchases amount to for March?

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Assume that marchrsquos budgeted sales are 10000 units
Reference No:- TGS01205997

Expected delivery within 24 Hours