Calculate the pounds of raw material you will need to purchase in August if your desired ending inventory is 35% of next month's usage, beginning inventory raw material in August is 147,000 pounds, production in August is anticipated to be 84 units and each unit requires 5 pounds of material and September's anticipated production is 76, 000 units.

Calculate the pounds of raw material you will need to purchase in August if your desired ending inventory is 35% of next month's usage, beginning inventory raw material in August is 147,000 pounds, production in August is anticipated to be 84 units and each unit requires 5 pounds of material and September's anticipated production is 76, 000 units.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 8EB: How many units are estimated to be sold if Kino, Inc., has planned production of 750,000 units, a...

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