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Calculate the cost of direct materials budgeted

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Question - Brian's Company has budgeted units to be produced for the next five months as follows:

Budgeted units to be produced

June 12,000

July 15,000

August 11,000

September 22,000

October 18,000

Brian's Company used the following information in creating its master budget for the year:

1. Ending direct materials inventory for each month should be equal to 140% of the next month's production needs.

2. Each unit produced requires 2.5 pounds of direct materials.

3. Direct materials are purchased for $2.30 per pound.

Required - Calculate the cost of direct materials budgeted to be purchased in June.

Reference no: EM133161566

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