If 40,380 pounds of raw materials are required for production in December, then the budgeted raw material purchases for November is closest to:

A) 32,280 pounds
B) 38,556 pounds
C) 31,380 pounds
D) 35,418 pounds

Question

Marco Wilson · Accepted Answer

Final Answer : A, Explanation :  The budgeted required production for November is computed as follows:   *December sales of 13,700 units × 10% = 1,370 units** November sales of 10,100 units × 10%= 1,010 unitsThe budgeted raw material purchases for November are computed as follows:   * 40,380 pounds × 10% = 4,038 pounds.** 31,380 pounds × 10% = 3,138 pounds.

If 40,380 pounds of raw materials are required for production in December, then the budgeted raw material purchases for November is closest to:

A) 32,280 pounds
B) 38,556 pounds
C) 31,380 pounds
D) 35,418 pounds

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Learning Objectives

Related questions

If 40,380 pounds of raw materials are required for production in December, then the budgeted raw material purchases for November is closest to:A) 32,280 poundsB) 38,556 poundsC) 31,380 poundsD) 35,418 pounds

Definitions

Learning Objectives

Learning Objectives

Related questions

If 40,380 pounds of raw materials are required for production in December, then the budgeted raw material purchases for November is closest to:

A) 32,280 pounds
B) 38,556 pounds
C) 31,380 pounds
D) 35,418 pounds