Question: 2)ABC Corp has following data for preparing the materials purchase budget Q1 Required Production in units 6,864.00 Q2 Required Production in units 5,984.00 Q3 Required


2)ABC Corp has following data for preparing the materials purchase budget Q1 Required Production in units 6,864.00 Q2 Required Production in units 5,984.00 Q3 Required Production in units 5,456.00 Q4 Required Production in units 6,424.00 1st Quarter Beg raw materials inventory 2745.60 kg 1st Quarter Beg Accounts Payable $13,041.600 Each unit materials weight in kg 1.76 Each kg costs $3.52 Desired Inventory is % of next quarter purchase 17.60% Desired ending inventory for 4th quarter in kg 2763.20 80% of Current quarter purchase paid in current quarter 20% of Current quarter purchase paid in next quarter
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