Question 6View PoliciesCurrent Attempt in ProgressCrane Company determines that 59000 pounds of direct materials are needed for production in July. There are 3700pounds of direct materials on hand at July 1 and the desired ending inventory is 3300 pounds. If the cost per unit ofdirect materials is $3, what is the budgeted total cost of direct materials purchases?ort$175800O $180600.O $178200.O $173400.eaChpinsprt scfho12homedelete%5&7backspacelockTPhomGHKenterBpauset shiftctriNMN

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Asked Nov 28, 2019
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Question 6
View Policies
Current Attempt in Progress
Crane Company determines that 59000 pounds of direct materials are needed for production in July. There are 3700
pounds of direct materials on hand at July 1 and the desired ending inventory is 3300 pounds. If the cost per unit of
direct materials is $3, what is the budgeted total cost of direct materials purchases?
ort
$175800
O $180600.
O $178200.
O $173400.
ea
Chp
ins
prt sc
fho
12
home
delete
%
5
&
7
backspace
lock
T
P
hom
G
H
K
enter
B
pause
t shift
ctri
NM
N
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Question 6 View Policies Current Attempt in Progress Crane Company determines that 59000 pounds of direct materials are needed for production in July. There are 3700 pounds of direct materials on hand at July 1 and the desired ending inventory is 3300 pounds. If the cost per unit of direct materials is $3, what is the budgeted total cost of direct materials purchases? ort $175800 O $180600. O $178200. O $173400. ea Chp ins prt sc fho 12 home delete % 5 & 7 backspace lock T P hom G H K enter B pause t shift ctri NM N

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Expert Answer

Step 1

Determine the required materials to be purchased

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(in ponds) Material required for production Add: Ending inventory Less: Beginnig inventory Required material to be purchased 59,000 3,300 3,700 58,600

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Step 2

Determine the budgeted total c...

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Required material to be purchased Multiply: Cost per unit of materials Budgeted total cost of direct materials $175,800 58,600 $3

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