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Business, 16.04.2021 04:50 fatumasiraj

Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 2.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: August 22,600 units September 21,300 units October 22,700 units November 23,900 units December 23,600 units The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 10,800 kilograms of Jurislon were on hand. The cost of Jurislon is $18.00 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is: Select one: A. $1,017,000 B. $1,014,300 C. $1,208,700 D. $1,839,600

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