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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Cahuilla Corporation predicts the following sales in units for the coming four months:
April May June July
330 370 398 330
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:
Transcribed Image Text:Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July 330 370 398 330 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:
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