FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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
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
132,000
126,000
136,000
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Transcribed Image Text: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 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? 142,000 132,000 126,000 136,000
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