Mien Co. is budgeting sales of 53,000 units of product Nous for October and 60,000 units...

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Mien Co. is budgeting sales of 53,000 units of product Nous for October and 60,000 units of product Nous for November. The manufacturing of one unit of Nous requires 4 kilos of chemical Loire. During October, Mien plans to reduce the inventory of Loire by 50,000 kilos. For October, Mien has a beginning Finished Goods Inventory of 6,000 units of Nous and plans to hold 20% of next month's sales as a Finished Goods Inventory at the end of the respective month. There is no Nous work-in-process inventory. How many kilos of Loire is Mien budgeting to purchase in October? Mien Co. is budgeting sales of 53,000 units of product Nous for October and 60,000 units of product Nous for November. The manufacturing of one unit of Nous requires 4 kilos of chemical Loire. During October, Mien plans to reduce the inventory of Loire by 50,000 kilos. For October, Mien has a beginning Finished Goods Inventory of 6,000 units of Nous and plans to hold 20% of next month's sales as a Finished Goods Inventory at the end of the respective month. There is no Nous work-in-process inventory. How many kilos of Loire is Mien budgeting to purchase in October?

Answer rating: 100% (QA)

To calculate the kilos of Loire Mien is budgeting to purchase in October we need to consider the fol... View the full answer