Doanne Food Processing expects to have 36,000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company budgets the following production (in units) for April through July, inclusive:
April120,000May130,000June140,000July120,000
At the end of each month the firm desires its ending raw material inventory to be 10% of the next month's production needs. Each finished unit requires three pounds of raw materials.Doanne's budgeted purchases (in pounds) of raw materials for June would be:
414,000
Shouyld be like #27, but June month
You might also like to view...
Where does an executive summary appear in most reports
What will be an ideal response?
Which one of the following statements about flexible automation is BEST?
A) Investment cost is lower when a transfer machine handles many operations. B) Chemical processing plants and oil refineries mainly utilize programmable automation. C) It is an automatic process that can be reprogrammed to handle various products. D) It achieves top efficiency; accommodating new products is difficult and costly.