La Material, S.A. presents you with the following data: the final inventory of raw materials covers only 10% of the production needs for the following semester. The ending inventory for the second half is 250 units. Raw materials are paid 50% in cash and the rest in the following semester. Each unit of final product requires 3 kg of raw materials, at a cost of EUR 2 per kilogram.
Prepare the budget of raw materials for the two semesters for the company.

Answer rating: 100% (QA)

To prepare the budget of raw materials for the two semesters we need to calculate the total raw materials required for production and the purchases ne... View the full answer