Snap, Inc., provides the following data for the next four months:
Desired Ending Inventory:
Raw Materials = 30% of next month's production needs
Pounds of raw material required for each finished Unit = 5 lbs.
Required:
Calculate the amount of purchases of raw materials in pounds for April and May.

Question

Snap, Inc., provides the following data for the next four months:
  Desired Ending Inventory:
Raw Materials = 30% of next month's production needs
Pounds of raw material required for each finished Unit = 5 lbs.
Required:
Calculate the amount of purchases of raw materials in pounds for April and May.

Quizplus · Accepted Answer

The Answer of Snap, Inc., provides the following data for the next four months:
  Desired Ending Inventory:
Raw Materials = 30% of next month's production needs
Pounds of raw material required for each finished Unit = 5 lbs.
Required:
Calculate the amount of purchases of raw materials in pounds for April and May.

Snap, Inc, Provides the Following Data for the Next Four Months