Estimated sales of a product is 30000 units. Two kinds of raw materials P and Q are required for manufacturing the product. Each unit of the product requires 2 units of P and 4 units of Q. The estimated cost of the P and Q OMR 2 and OMR 3 respectively. The estimated opening balance in the beginning of the next year: finished goods: 4000 units; P: 6000 units; Q: 10000 units. The desirable closing balance at the end of the next year: finished product: 6000 units; P: 10000 units; Q: 12000 units. Which of the following shows the total cost of raw materials (OMR) to be purchased in Material Purchase Budget. Select one: O a. P = 162000 and Q = 181000 Ob. P= 136000 and Q= 390000 OcP = 124000 and Q = 324000 O d. P = 134000 and Q = 334000

Estimated sales of a product is 30000 units. Two kinds of raw materials P and Q are required for manufacturing the product. Each unit of the product requires 2 units of P and 4 units of Q. The estimated cost of the P and Q OMR 2 and OMR 3 respectively. The estimated opening balance in the beginning of the next year: finished goods: 4000 units; P: 6000 units; Q: 10000 units. The desirable closing balance at the end of the next year: finished product: 6000 units; P: 10000 units; Q: 12000 units. Which of the following shows the total cost of raw materials (OMR) to be purchased in Material Purchase Budget. Select one: O a. P = 162000 and Q = 181000 Ob. P= 136000 and Q= 390000 OcP = 124000 and Q = 324000 O d. P = 134000 and Q = 334000

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 2E

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