Business, 03.04.2020 16:17, prettygirl1053480
The Jung Corporation's production budget calls for the following number of units to be produced each quarter for next year: Budgeted production Quarter 1 45,000 units Quarter 2 38,000 units Quarter 3 34,000 units Quarter 4 48,000 units Each unit of product requires three pounds of direct material. The company's policy is to begin each quarter with an inventory of direct materials equal to 30% of that quarter's direct material requirements.
Budgeted direct materials purchases for the third quarter would be:
a.114,600 pounds
b. 89,400 pounds
c. 38,200 pounds
d. 29,800 pounds
Answers: 2
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