Business, 20.11.2019 21:31 fifamonkey3710

Dewitt industries has adopted the following production budget for the first 4 months of 2020. month units month units january 10,170 march 5,190 february 8,470 april 4,310 each unit requires 5 pounds of raw materials costing $3 per pound. on december 31, 2019, the ending raw materials inventory was 10,170 pounds. management wants to have a raw materials inventory at the end of the month equal to 20% of next month’s production requirements. prepare a direct materials purchases budget by month for the first quarter.

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Dewitt industries has adopted the following production budget for the first 4 months of 2020. month...