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Oyekemi

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  • December 6, 2014 at 6:14 pm #218955
    mysteryOyekemi
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    please help me solve this
    A company manufactures and sells one product which requires 8 kg of raw materials in its manufacture. The budgeted data relating to the next period are as follows:

    Units
    Sales 19,000
    Opening inventory of finished goods 4,000
    Closing inventory of finished goods 3,000

    Kg
    Opening inventory of raw materials 50,000
    Closing inventory of raw materials 53,000
    What is the budgeted raw material purchases for next period?

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