Tamarisk Company has 2,010 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and February is 5,020 and 6,000 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per kilogram is $6. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. TAMARISK COMPANY
Tamarisk Company has 2,010 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and February is 5,020 and 6,000 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per kilogram is $6. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct materials budget for January. TAMARISK COMPANY
Chapter7: Budgeting
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![Tamarisk Company has 2,010 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and
February is 5,020 and 6,000 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per
kilogram is $6. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct
materials budget for January.
TAMARISK COMPANY
Direct Materials Budget
For the Month Ending January 31, 2023
>
$
LA
$
CA](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff7b188c5-cd0d-4287-a470-11363175ccfd%2F05111ff2-6e90-4019-accb-9dc3907f3f35%2F5jq1mfc_processed.png&w=3840&q=75)
Transcribed Image Text:Tamarisk Company has 2,010 kg of raw materials in its December 31, 2022, ending inventory. Required production for January and
February is 5,020 and 6,000 units, respectively. 2 kilograms of raw materials are needed for each unit, and the estimated cost per
kilogram is $6. Management wants an ending inventory equal to 25% of next month's materials requirements. Prepare the direct
materials budget for January.
TAMARISK COMPANY
Direct Materials Budget
For the Month Ending January 31, 2023
>
$
LA
$
CA
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