Multiple Choice Question 101 Marigold Corp. determines that 45000 pounds of direct materials are needed for...
Multiple Choice Question 101
Marigold Corp. determines that 45000 pounds of direct materials are needed for production in July. There are 2300 pounds of direct materials on hand at July 1 and the desired ending inventory is 1900 pounds. If the cost per unit of direct materials is $3, what is the budgeted total cost of direct materials purchases?
a-138600.
b-131400.
c-133800.
d-136200.
Homework Answers
| Direct material requied for production | 45000 | |||
| Less | Opening stock | 2300 | ||
| Add | Closing stock required | 1900 | ||
| Direct material to be purchased = | 44600 | |||
| Price per unit = | 3 | |||
| Purchase budget | 133800 | |||
| Therefore correct answer is option C. | 133800 |
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