For the month of December, a company predicts total cash collections to be P500,000. It estimates that
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4. Cost of sales and Production of Product X has been budgeted at 90,000 units and 100,000 units, respectively, for June. One unit of X requires 2 kilos of raw material. The projected beginning and ending materials inventory for June are 1,000 kilos and 5,000 kilos respectively. Cost of materials is P15 per 2,000 grams. How much materials should be purchased during June?
X Corp has projected sales to be P60,000 in January, P75,000 in February and P80,000 in March. X Corp wants to have 25% of next month's sales needs on hand at the end of a month. If X Corp has an average GP rate of 40%, and inventories are purchased at .50 per kilo, what are February purchases in kilos?
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