Matthew Co. manufactures leather briefcases and carryalls. Matthews production manager has provided the following production budget. Each
Fantastic news! We've Found the answer you've been seeking!
Question:
Matthew Co. manufactures leather briefcases and carryalls. Matthew’s production manager has provided the following production budget. Each briefcase or carryall requires 1.2 yards of leather fabric and Matthew maintains an ending inventory of leather fabric equal to 25% of the next month’s production needs.
February | March | April | May | June | |
---|---|---|---|---|---|
Budgeted production | 51700 | 43200 | 60900 | 63800 | 58700 |
How many yards of leather fabric will Matthew budget to purchase in May?
a. 75030
b. 94170
c. 76560
d. 62105
Related Book For
Introduction to Managerial Accounting
ISBN: 978-1259105708
5th Canadian edition
Authors: Peter C. Brewer, Ray H. Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan
Posted Date: