Tamarisk Company has 2,010 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and February is 5,020 and 6,000 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per kilogram is $6. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. TAMARISK COMPANY

Tamarisk Company has 2,010 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and February is 5,020 and 6,000 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per kilogram is $6. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. TAMARISK COMPANY

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 14PA: Total Pops data show the following information: New machinery will be added in April. This machine...

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