Wadi Aseeb Company produces curtains. The production budget in units for the next five months iS: May 10,000 units, June 14,000, July 15,000, August 16,000, and September 18,000 units. Each curtain requires 5 meters of cotton fabric. The company's cotton fabric inventory policy for ending inventory is 40% of next month's production needs. On May 1 the cotton fabric in stock was 20,000 meters. How much of the cotton fabric needs to be purchased for May in meters? O a. None of the given answers. O b. 84,000 Oc 77,000 O d. 58,000 e. 72,000
Wadi Aseeb Company produces curtains. The production budget in units for the next five months iS: May 10,000 units, June 14,000, July 15,000, August 16,000, and September 18,000 units. Each curtain requires 5 meters of cotton fabric. The company's cotton fabric inventory policy for ending inventory is 40% of next month's production needs. On May 1 the cotton fabric in stock was 20,000 meters. How much of the cotton fabric needs to be purchased for May in meters? O a. None of the given answers. O b. 84,000 Oc 77,000 O d. 58,000 e. 72,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 3CMA: Ming Company has budgeted sales at 6,300 units for July, and desires to have 590 good units on hand...
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