Question: Remaining Time: 47 minutes, 24 seconds. Question Completion Status: Click Submit to complete this assessment. Question 5 The production budget below pertains to Deera Company.
Remaining Time: 47 minutes, 24 seconds. Question Completion Status: Click Submit to complete this assessment. Question 5 The production budget below pertains to Deera Company. Each unit produced requires 4 feet of raw materials. Each foot of raw materials inventory costs AED 5. Quarter Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Budgeted units of production 20,000 24,000 30,000 28,000 32.000 Ending inventory at the end of each quarter must be equal to 10% of the following quarter's production needs of raw materials. The beginning inventory at the start of the first quarter (1) of 2020 is 8,000 feet of raw materials. Required: Prepare a direct materials purchases budget for the Company in units and in dollar amounts, by quarter for Year 2020. You should copy (Ctrl-C) and paste (Ctrl-v) the table below into the answer area and complete it with the necessary information
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