Ending inventory should be 150 percent of beginning


Holt Frames manufactures picture frames. Sales for April are expected to be 12,500 units of various sizes. Historically, the average frame requires 4 feet of framing and 1 square foot of glass. Beginning inventory includes 5,000 feet of framing and 1,000 square feet of glass. Current prices are $0.10 per foot of framing and $3.00 per square foot of glass. Ending inventory should be 150 percent of beginning inventory.

What is the quantity of framing and glass that Holt Frames is to purchase during April.

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Managerial Accounting: Ending inventory should be 150 percent of beginning
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