Help
Exercise Algo Manufacturing: Direct materials budget LO P
Ramos Company provides the following budgeted production for the next four months.
tableApril,May,June,JulyUnits to produce,
Each finished unit requires pounds of direct materials. The company wants to end each month with direct materials inventory equal to of next month's production needs. Beginning direct materials inventory for April was pounds. Direct materials cost $ per pound. Prepare a direct materials budget for April, May, and June.
tableRAMOS COMPANYDirect Materials BudgetApril,May,June,Units to produce,unitsMaterials needed for production poundsTotal materials required poundsMaterials to purchase poundsMaterials cost per poundCost of direct materials purchases,,,,
