Problem 19 Draw a Material Procurement Budget (Quantitative) from the following information: Estimated sales of a product 40,000 units. Each unit of the product requires 3 units of material A and 5 units of material B. Estimated opening balances at the commencement of the next year: Finished product = 5,000 units Material A = 12,000 units B = 20,000 units Material on order: Material A = 7,000 units Material B = 11,000 units The desirable closing balance at the end of the next year: Finished product = 7,000 units Material A = 15,000 units B = 25,000 units Material on order: Material A = 8,000 units Problem 19 Draw a Material Procurement Budget (Quantitative) from the following information: Estimated sales of a product 40,000 units. Each unit of the product requires 3 units of material A and 5 units of material B. Estimated opening balances at the commencement of the next year: Finished product = 5,000 units Material A = 12,000 units B = 20,000 units Material on order: Material A = 7,000 units Material B = 11,000 units The desirable closing balance at the end of the next year: Finished product = 7,000 units Material A = 15,000 units B = 25,000 units Material on order: Material A = 8,000 units