Calculate the number of units of product to be produced, Accounting Basics

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Calculate the number of units of product to be produced

Production and purchases budgets Pelican Co. is forecasting sales of 40,300 units of product for October. To make one unit of finished product, 10 pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are:

October 1(Actual) October 31(Desired)
Raw materials (pounds) 48,550 44,300
Finished goods (units) 3,850 5,400

Required:
a. Calculate the number of units of product to be produced during October.
b. Calculate the number of pounds of raw materials to be purchased during October.

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Accounting Basics: Calculate the number of units of product to be produced

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Accounting Basics: Calculate the number of units of product to be produced

Reference No:- TGS0705457

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Calculate the number of units of product to be produced

Reference No:- TGS0705457

Recent Questions Asked Accounting Basics

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