Question: 2) Mindful Corp has following data to prepare the materials purchase budget Q1 Required Production in units 5,304.00 Q2 Required Production in units 4,624.00 Q3
2) Mindful Corp has following data to prepare the materials purchase budget Q1 Required Production in units 5,304.00 Q2 Required Production in units 4,624.00 Q3 Required Production in units 4,216.00 Q4 Required Production in units 4,964.00 1st Quarter Beg raw materials inventory 2121.60 kg 1st Quarter Beg Accounts Payable $10,077.60 Each unit materials weight 1.36kg Each kg costs $2.72 Desired Inventory is 13.6% of next quarter purchase Desired ending inventory for 4th quarter in 2135.20 80% Current quarter purchase paid in current quarter 20% Current quarter purchase paid in next quarter Please prepare the materials purchase budget
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