Steve manufactures large picture frames.Sales for July are expected to be 10,000 units of various sizes.Historically,the average frame requires five metres of framing,one square metre of glass,and one square metre of backing.Beginning inventory includes 7,000 metres of framing,1,500 square metres of glass,and 2,500 square metres of backing.Current prices are $0.90 per metre of framing,$4.50 per square metre of glass,and $1.50 per square metre of backing.Ending inventory should be 150 percent of beginning inventory.Purchases are paid for in the month acquired.
a.Determine the quantity of framing,glass,and backing that is to be purchased during July.
b.Determine the total amount of cash needed for July purchases.

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The Answer of Steve manufactures large picture frames.Sales for July are expected to be 10,000 units of various sizes.Historically,the average frame requires five metres of framing,one square metre of glass,and one square metre of backing.Beginning inventory includes 7,000 metres of framing,1,500 square metres of glass,and 2,500 square metres of backing.Current prices are $0.90 per metre of framing,$4.50 per square metre of glass,and $1.50 per square metre of backing.Ending inventory should be 150 percent of beginning inventory.Purchases are paid for in the month acquired.
a.Determine the quantity of framing,glass,and backing that is to be purchased during July.
b.Determine the total amount of cash needed for July purchases.

Steve Manufactures Large Picture Frames