Solution-Prepare the direct materials purchases budget

Prepare the direct materials purchases budget

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Question - Gucci's Company produces and sells garden tools. The company has developed the following production plan for its new electric trimmer.

	January	February	March	April
Budgeted production (in units)	4,000	4,000	5,000	6,000

Each unit requires three feet of metal tubing. Cucci wishes to have ending inventory equal to 110% of its next month's production needs, plus an additional 100 feet. January's beginning inventory meets this requirement. Cucci's standard cost per foot is $2.80.

Required - Prepare the 1st quarter direct materials purchases budget for metal tubing.

Reference no: EM133154868

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Prepare the direct materials purchases budget

Reference no: EM133154868

Reference no: EM133154868

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