Business, 23.07.2019 01:20, natenate32

Perine company has 2,000 pounds of raw materials in its december 31, 2016, ending inventory. required production for january and february of 2017 are 4,000 and 5,000 units, respectively. 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is $6. management desires an ending inventory equal to 25% of next month’s materials requirements. prepare the direct materials budget for january.

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Perine company has 2,000 pounds of raw materials in its december 31, 2016, ending inventory. require...