Question: ABC Corp has following data for preparing the materials purchase budget Q1 Required Production in units Q2 Required Production in units Q3 Required Production in

ABC Corp has following data for preparing the materials purchase budget Q1 Required Production in units Q2 Required Production in units Q3 Required Production in units Q4 Required Production in units 6,708.00 5,848.00 5,332.00 6,278.00 1st Quarter Beg raw materials inventory in kg 1st Quarter Beg Accounts Payable $12,745.200 Each unit materials weight in kg 1.72 $3.44 Each kg costs 2683.20 Desired Inventory is 17.20% of next quarter purchase Desired ending inventory for 4th quarter in kg 2700.40 80% of Current quarter purchase paid in current quarter 20% of Current quarter purchase paid in next quarter Please prepare the material purchase budget(incl. payment)

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