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Problem -

Jan 15,000 Cars

Feb 12,000 Cars

March 16,000 Cars

Each Car requires 4 wheels, and Jan beginning balance of wheels is 6,000. Each car requires 30 min of labor time at a rate of $12 per hour. The company tries to maintain 10% of the next month's forecasted materials needs in inventory.

Prepare the wheels direct materials purchase budget for February.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92409851
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