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Prepare direct materials purchases budget for month of may

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Reference no: EM132520247

Flyer, Inc. produces rulers from plastic resin. Flyer has estimated production and sales of rulers in units for the next 2 months as:

??                                               May??                          June?

?Estimated production        ?30,000 ?                32,000

?Estimated sales?                 33,000?                  24,000

  • Each ruler requires 0.25 pounds of resin. The cost of resin is $4.40 per pound. Flyer wants to have 20% of the next month's materials requirements on hand at the end of each month.

Instructions

Question 1: Prepare direct materials purchases budget for the month of May.

Reference no: EM132520247

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