# The company wants to maintain monthly ending inventories of plastic equal to 25% of the following month's budgeted product on needs. The cost of plastic is \$2.20 per pound. Preface a direct materials purchases budget for the month of May. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round pounds of

The company wants to maintain monthly ending inventories of plastic equal to 25% of the following month's budgeted product on needs. The cost of plastic is \$2.20 per pound.
Preface a direct materials purchases budget for the month of May. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Round pounds of plastic needed for each bucket to decimal place and cost per pound to two decimal places.)

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Related Book For

## Managerial Accounting

2nd edition

Authors: Charles E. Davis, Elizabeth Davis

ISBN: 978-1118338445