A single product is produced from a single raw material in a company. The amount of raw material required for a unit of product is 3 kg, and the purchase price of raw materials is 40 $/kg. The year-end raw material stock is 8.000 kg. It is planned to produce 10,000 units of finished product in the next budget period and to have 13.000 kg of raw material at the end of the period. Arrange the raw material purchase budget for this business.

Answer rating: 100% (QA)

1 unit of output planned to produce Cast of Raw Material 2 Units of gening stock ... View the full answer