Solution-Prepare direct materials purchases budget for

Prepare direct materials purchases budget for month of may

Reference no: EM132077450

Question - Tall Oak, Inc produces ruler from plastic resin. Tall Oak has estimated production and sales of ruler in unit for the next 2 month as:

	May	June
Estimated Production	42,000	48,000
Estimated Sales	50,000	36,000

Each ruler requires 0.25 pounds of resin. The cost of resin is 4.50 per pound. Tall Oak wants to have 20% of the next month's material requirements on hand at the end of each month.

Prepare a direct materials purchases budget for the month of May.

Reference no: EM132077450

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Prepare direct materials purchases budget for month of may : Each ruler requires 0.25 pounds of resin. The cost of resin is 4.50 per pound. Prepare a direct materials purchases budget for the month of May

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Prepare direct materials purchases budget for month of may

Reference no: EM132077450

Reference no: EM132077450

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