Business, 18.11.2019 22:31 woodsjnjoseph3

Perine company has 4,048 pounds of raw materials in its december 31, 2019, ending inventory. required production for january and february of 2020 are 4,400 and 6,100 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 23% of next month’s materials requirements. prepare the direct materials budget for january.

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Perine company has 4,048 pounds of raw materials in its december 31, 2019, ending inventory. require...

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