Perine Company has 2,392 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,600 and 6,000 units, respectively. 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is $9. Management desires an ending inventory equal to 26% of next month’s materials requirements.

Prepare the direct materials budget for January.

Instructions are below.

Explanation:

Giving the following information:

Beginning inventory= 2,392 pounds

Production:

January= 4,600 units

February= 6,000 units

2 pounds of raw materials are needed for each unit

The estimated cost per pound= $9.

Management desires an ending inventory equal to 26% of next month’s materials requirements.

To calculate the purchases for January, we need to use the following formula:

Purchases= sales + desired ending inventory - beginning inventory

First, we will determine the pounds needed for January.

Budgeted Direct material:

Production= 4,600*2= 9,200 pounds

Ending inventory= (6,000*2)*0.26= 3,120 punds

Beginning inventory= (2,392) pounds

Total= 9,928 pounds

Total direct material cost= 9,928*9= $89,352

the correct answer is:

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it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

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those r all of them i believe