The Jung Corporation's production budget calls for the following number of units to be produced each quarter for next year:
Budgeted production
Each unit of product requires three pounds of direct material.The company's policy is to begin each quarter with an inventory of direct materials equal to 30% of that quarter's direct material requirements.Budgeted direct materials purchases for the third quarter would be:

Question

The Jung Corporation's production budget calls for the following number of units to be produced each quarter for next year:
Budgeted production
 Each unit of product requires three pounds of direct material.The company's policy is to begin each quarter with an inventory of direct materials equal to 30% of that quarter's direct material requirements.Budgeted direct materials purchases for the third quarter would be:

Quizplus · Accepted Answer

Direct Materials Budget
 11ea7761_17a9_36fd_81a5_ad1ed44ea3d8_TB2580_00

The Jung Corporation's Production Budget Calls for the Following Number