Compute the budgeted quantity of plastic, Accounting Basics

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Compute the budgeted quantity of plastic

Big Company manufactures keyboards. Management wishes to develop budgets for the upcoming quarter based on the following data:

sales in units 800 units
selling price per unit $60
inventory at beginning of the quarter (FG) 80 units
desired ending inventory (FG) 130 units
direct materials per unit 4 ounces plastic
plastic inventory at beginning of quarter 136 ounces
desired ending inventory of plastic 84 ounces
plastic cost $.18 per ounce

Compute the budgeted quantity of plastic which needs to be purchased for the next quarter.

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Accounting Basics: Compute the budgeted quantity of plastic

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Accounting Basics: Compute the budgeted quantity of plastic

Reference No:- TGS0703481

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Ask an Expert for Answer!!

Accounting Basics: Compute the budgeted quantity of plastic

Reference No:- TGS0703481

Recent Questions Asked Accounting Basics

Q : Which is the minimum acceptable rate of return

Q : Sample of gas change

Q : Putting a fence around a rectangle garden

Q : How many tubs should bp produce

Q : Compute the budgeted quantity of plastic

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