Business, 30.03.2020 19:10 jisssyyy

Zhang Industries budgets production of 400 units in June and 410 units in July. Each finished unit requires 5 pounds of raw material K, which costs $6 per pound. Each month’s ending inventory of raw materials should be 20% of the following month’s budgeted production. The June 1 raw materials inventory has 400 pounds of raw material K. Compute the budgeted cost of purchases for raw material K for June.

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Zhang Industries budgets production of 400 units in June and 410 units in July. Each finished unit r...

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