Nana Company is budgeting sales of 42,000 units of product Demon Shoes for October 2021. To make one unit of finished product, three pounds of raw material A are required. Actual beginning and desired ending inventories of raw material A and product Demon shoes are as follows: Raw material A Demon Shoes October 1, 2021 100,000 pounds 22,000 units 132,000 126,000 136,000 October 31, 2021 110,000 pounds 24,000 units There is no work-in process inventory for Demon shoes at the beginning and end of October. For the month of October, how many pounds of raw material A is Nana planning to purchase? 142,000

Nana Company is budgeting sales of 42,000 units of product Demon Shoes for October 2021. To make one unit of finished product, three pounds of raw material A are required. Actual beginning and desired ending inventories of raw material A and product Demon shoes are as follows: Raw material A Demon Shoes October 1, 2021 100,000 pounds 22,000 units 132,000 126,000 136,000 October 31, 2021 110,000 pounds 24,000 units There is no work-in process inventory for Demon shoes at the beginning and end of October. For the month of October, how many pounds of raw material A is Nana planning to purchase? 142,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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