A company has the following budget for the next month: Finished product Sales 10,000 units Production 7,500

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A company has the following budget for the next month:

Finished product

Sales 10,000 units

Production 7,500 units

Materials

Usage per unit 2 litres

Purchasing quantity 18,125 litres

Planned closing inventory 6,325 litres

When setting the budget for the next month, what is the quantity of opening materials inventory expected to be held?

A) 1,380 litres

B) 3,200 litres

C) 8,200 litres

D) 9,450 litres

Related Book For answer-question

Cornerstones of Cost Management

ISBN: 978-1285751788

3rd edition

Authors: Don R. Hansen, Maryanne M. Mowen

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Posted Date: Mar 19, 2022 11:26 PM

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A company has the following budget for the next month: Finished product Sales 10,000 units Production 7,500

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Cornerstones of Cost Management

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