Business, 16.12.2021 23:50 natalieoppelt

Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 7.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: August 24,000 units September 22,700 units October 24,100 units November 25,300 units December 25,000 units The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 12,200 kilograms of Jurislon were on hand. The cost of Jurislon is $21 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is:

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Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 7.5 kilograms...

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