Business, 29.10.2019 22:31 lucyamine0
Use the following information for the exercises below. ruiz co. provides the following sales forecast for the next four months: april may june july sales (units) 570 650 600 690 the company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. finished goods inventory on april 1 is 228 units. assume july's budgeted production is 600 units. in addition, each finished unit requires four pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month’s production needs. beginning raw materials inventory for april was 722 pounds. assume direct materials cost $5 per pound. exercise 20-4 manufacturing: direct materials budget lo p1 prepare a direct materials budget for april, may, and june. (round your intermediate calculations and final answers to the nearest whole dollar amount.)
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Use the following information for the exercises below. ruiz co. provides the following sales forecas...
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