Cahulilla Corporation predicts the following sales in units for the coming four months: April May June July 330 370 390 330 Sales in Units Each month's ending finished goods inventory should be 30% of the next month's sales. March 31 finished goods inventory is 99 units. A finished unit requires 5 pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 290 pounds of B Each month's ending Raw Materials Inventory should be 20% of the following month's production needs. The budgeted production for May is
Cahulilla Corporation predicts the following sales in units for the coming four months: April May June July 330 370 390 330 Sales in Units Each month's ending finished goods inventory should be 30% of the next month's sales. March 31 finished goods inventory is 99 units. A finished unit requires 5 pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 290 pounds of B Each month's ending Raw Materials Inventory should be 20% of the following month's production needs. The budgeted production for May is
Chapter1: Financial Statements And Business Decisions
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