Solution-Prepare the direct materials budget for january

Prepare the direct materials budget for january

Reference no: EM132344113

Question

Crane Company has 3,872 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,400 and 5,800 units, respectively. 4 pounds of raw materials are needed for each unit, and the estimated cost per pound is $9. Management desires an ending inventory equal to 22% of next month's materials requirements.

Prepare the direct materials budget for January.

Reference no: EM132344113

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Prepare the direct materials budget for january : Crane Company has 3,872 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020.

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Prepare the direct materials budget for january

Reference no: EM132344113

Reference no: EM132344113

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