Each finished unit of merchandise Tecron contains 1.25 cm of Compound T. Budgeted sales of merchandise Tecron in the period is 25,000 units. Budgeted data for the month of December are as follows: 1st December Finished goods 2,300 units 31st December Finished goods 2,000 units Opening inventory of raw materials 12,800 cm Closing inventory of raw material 9,000 cm What was the purchase of Compund T? Show solution
Each finished unit of merchandise Tecron contains 1.25 cm of Compound T. Budgeted sales of merchandise Tecron in the period is 25,000 units. Budgeted data for the month of December are as follows: 1st December Finished goods 2,300 units 31st December Finished goods 2,000 units Opening inventory of raw materials 12,800 cm Closing inventory of raw material 9,000 cm What was the purchase of Compund T? Show solution
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 4E: Prepare a cost of goods sold budget for the Crest Hills Manufacturing Co. for the year ended...
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Each finished unit of merchandise Tecron contains 1.25 cm of Compound T. Budgeted sales of merchandise Tecron in the period is 25,000 units. Budgeted data for the month of December are as follows:
1st December Finished goods 2,300 units
31st December Finished goods 2,000 units
Opening inventory of raw materials 12,800 cm
Closing inventory of raw material 9,000 cm
What was the purchase of Compund T? Show solution
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