Moore Inc. manufactures a product that uses three different materials in the following amounts: 3 pounds of material A per unit at $2.00 per pound; 2 pints of material B per unit at $1.00 per pint; and 1 container at $15 per container. The company has 1,500 pounds of A, 1,200 pints of B and 500 containers on hand September 30 and wants an ending inventory equal to 120 percent of beginning inventory. The company expects to sell 3,000 containers of this product in October. Purchases of material are paid for in the month of purchase.
Required: How much materials have to be purchased in October and at what Cost?

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The Answer of Moore Inc. manufactures a product that uses three different materials in the following amounts: 3 pounds of material A per unit at $2.00 per pound; 2 pints of material B per unit at $1.00 per pint; and 1 container at $15 per container. The company has 1,500 pounds of A, 1,200 pints of B and 500 containers on hand September 30 and wants an ending inventory equal to 120 percent of beginning inventory. The company expects to sell 3,000 containers of this product in October. Purchases of material are paid for in the month of purchase.
Required: How much materials have to be purchased in October and at what Cost?

Moore Inc Manufactures a Product That Uses Three Different Materials in in the Following