Solution-Find the budgeted amount for purchases of direct

Find the budgeted amount for purchases of direct materials

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Reference no: EM132675526

The following information is from the manufacturing budget and the budgeted financial statements of science Development Partners.

Direct materials inventory, Jan. 1 : $ 68,000
Direct materials inventory, Dec. 31 : 54,000
Direct materials usage budgeted for the year: 230,000
Accounts payable to suppliers of materials, Jan. 1 : 50,000
Accounts payable to suppliers of materials, Dec. 31: 79,000

Problem A. Compute the budgeted amount for purchases of direct materials during the year.

Problem B. Compute the budgeted amount of cash

Reference no: EM132675526

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Find the budgeted amount for purchases of direct materials

Reference no: EM132675526

Reference no: EM132675526

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