Question: Homework: Chapter 6 Questions and Multiple Choice Save Score: 6.67 of 15 pts 16 of 16 (16 complete) HW Score: 89.58%, 71.67 of ... %E6-24
Homework: Chapter 6 Questions and Multiple Choice Save Score: 6.67 of 15 pts 16 of 16 (16 complete) HW Score: 89.58%, 71.67 of ... %E6-24 (similar to) Question Help The Alderman Company has prepared a sales budget of 44,000 finished units for a 3- month period. The company has an inventory of 12,000 units of finished goods on hand at December 31 and has a target finished goods inventory of 15,000 units at the end of the succeeding quarter. It takes 4 gallons of direct materials to make one unit of finished product. The company has inventory of 68,000 gallons of direct materials at December 31 and has a target ending inventory of 54,000 gallons at the end of the succeeding quarter. How many gallons of direct materials should Alderman Company purchase during the 3 months ending March 31? Select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased. 176000 Direct Material Purchases Budget For the 3 Months Ending March 31 To be used in production Add target ending inventory Total requirements Deduct beginning inventory Purchases to be made (In gallons) 54,000 68,000
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