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Preparing the budget for the period january to march

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Reference no: EM132463522

Flouring Ltd provides the following data for next year:

Month Budgeted            Sales in units

January                          1,200

February                        1,080

March                           1,320

April                              1,440

  • The company uses a cost plus markup of 40% to determine selling price of their heart cake. Direct materials at the end of December is 280 kgs where each unit required 0.5 kg of flour and target ending direct materials inventory is required 30% of next month's sales.

Question 1: You are preparing the budget for the period January to March. What would be the desired ending budgeted direct materials in units of flour in the Quarter column?

Select one:

a. 216

b. 288

c. 720

d. 240

e. 264

Reference no: EM132463522

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