Production of Peace products has been budgeted at 220,000 units for July. One unit of Peace products requires 5 kilos of raw material. The projected beginning and ending materials inventory for July are: Beginning inventory: 160,000 kilos Ending inventory: 40,000 kilos How many kilos of material should be purchased in July? Amounts must be in whole numbers. Example: 88,000 or (88,000)

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 15E: Palmgren Company produces consumer products. The sales budget for four months of the year is...
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Production of Peace products has been budgeted at 220,000 units for July. One unit of Peace products requires 5
kilos of raw material. The projected beginning and ending materials inventory for July are:
Beginning inventory: 160,000 kilos
Ending inventory: 40,000 kilos
How many kilos of material should be purchased in July?
Amounts must be in whole numbers. Example: 88,000 or (88,000)
Transcribed Image Text:Production of Peace products has been budgeted at 220,000 units for July. One unit of Peace products requires 5 kilos of raw material. The projected beginning and ending materials inventory for July are: Beginning inventory: 160,000 kilos Ending inventory: 40,000 kilos How many kilos of material should be purchased in July? Amounts must be in whole numbers. Example: 88,000 or (88,000)
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