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Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the of the purchases in the budget.

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direct materials budget 1 answer below » Becket industries manufactures a popular interactive stuffed animal for children that require three computer chips inside each toy. Beckett pays $2 for each
computer chip. To help guard against stockouts of the computer chip, Beckett has a policy that states that the ending inventory of computer chips should be at
least 20% of the following months production needs. The production needs for the first four months of the year are as follows: Jan= 5000 stuffed animals to be
produced, Feb= 4400 stuffed animals to be produced, March= 4800 stuffed animals to be produced, April= 4200 stuffed View complete question » Becket industries manufactures a popular interactive stuffed animal for children that require three computer chips inside each toy. Beckett pays $2 for each
computer chip. To help guard against stockouts of the computer chip, Beckett has a policy that states that the ending inventory of computer chips should be at
least 20% of the following months production needs. The production needs for the first four months of the year are as follows: Jan= 5000 stuffed animals to be
produced, Feb= 4400 stuffed animals to be produced, March= 4800 stuffed animals to be produced, April= 4200 stuffed animals to be produced. Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the of the purchases in
the budget. View less » Jan 11 2014 05:26 AM


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