John Company expects to sell 53,500 units of finished goods over the next three-month period. The...
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John Company expects to sell 53,500 units of finished goods over the next three-month period. The company has 20,590 units on hand and its managers want to have 27,180 units on hand at the end of the period. To produce one unit of finished product, 4 units of direct materials are needed. John has 103,580 units of direct material on hand and has budgeted for an ending inventory of 161,570 units. What is the amount of direct material to be purchased (in units)? Direct materials purchases units John Company expects to sell 53,500 units of finished goods over the next three-month period. The company has 20,590 units on hand and its managers want to have 27,180 units on hand at the end of the period. To produce one unit of finished product, 4 units of direct materials are needed. John has 103,580 units of direct material on hand and has budgeted for an ending inventory of 161,570 units. What is the amount of direct material to be purchased (in units)? Direct materials purchases units
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Budgeted sales 53500 Add Desired ending inventory 27180 Less ... View the full answer
Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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