Question: I need help in solving this problem COMMUNITY VALUES Golden Industrial has estimated that production for the next five quarters will be: Production Information 1st

I need help in solving this problem

I need help in solving this problem COMMUNITY VALUES Golden Industrial has

COMMUNITY VALUES Golden Industrial has estimated that production for the next five quarters will be: Production Information 1st quarter, 2020 51,300 units 2nd quarter, 2020 46,400 units 3rd quarter, 2020 56,200 units 4th quarter, 2020 44,000 units 1st quarter, 2021 52,900 units Finished units of production require 6 pounds of raw material per unit. The raw material cost is $7 per pound. There is $323,190 of raw material on hand at the beginning of the first quarter, 2020. Golden desires to have 15 percent of next quarter's material requirements on hand at the end of each quarter. Prepare quarterly direct materials purchases budgets for Golden Industrial for 2020. Golden Industri Direct Materials Purchas For the Year Ending Decem Quarte 4 Quarter 2 us to heproduced Quarter 1 46 400 56 200 49 0

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