Question: 2)ABC ABC Corp has following data for preparing the materials purchase budget Q1 Required Production in units 6,084.00 Q2 Required Production in units 5,304.00 Q3

2)ABC ABC Corp has following data for preparing the materials purchase budget
Q1 Required Production in units 6,084.00
Q2 Required Production in units 5,304.00
Q3 Required Production in units 4,836.00
Q4 Required Production in units 5,694.00
1st Quarter Beg raw materials inventory 2433.60 kg
1st Quarter Beg Accounts Payable $11,559.600
Each unit materials weight 1.56kg
Each kg costs $3.12
Desired Inventory is 15.60% of next quarter purchase
Desired ending inventory for 4th quarter 2449.20 kg
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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