Exercise
Purchases Budget
Crosser Company budgets on a quarterly basis. The following beginning and ending inventory levels (in units) are planned for the first and second quarters of 2012:
Required:
If Crosser Company were to manufacture 400,000 finished units (in total) during the first two quarters of 2012, how many units of raw material would it need to purchase?
Prepare the purchases budget for the first six months of 2012. Enter all amounts as positive numbers.