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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › budgeting
a company manufactures a single product, budgeted production for the first three months is as follows:
month 1: 8000 units
month 2: 9000 units
month 3: 7000 units
each unit uses 4kg of raw material costing $5 per kg.the budgeted raw material inventory at the end of the month is to be 20% of the following months production .
what is the budgeted raw material purchase for month 2?($)
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