Solution-What cost of material x purchases in july is

What cost of material x purchases in july is planned to be

Reference no: EM132629064

Problem 1: The Finley Company plans to produce 25,000 units during July. It plans to sell 26,000 units in July. Each unit of finished product requires 2 pounds of direct material X. This direct material costs $4 per pound. The July 1 inventory of X is 2,000 pounds, and the desired July 31 inventory of X is 1,000 pounds. The cost of material X purchases in July is planned to be:

Group of answer choices

Option 1: 200,000

Option 2: 196,000

Option 3: 180,000

Option 4: 204,000

Reference no: EM132629064

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What cost of material x purchases in july is planned to be

Reference no: EM132629064

Reference no: EM132629064

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