The materials requisition is used to a. release materials from the storeroom to the factory b. record the acquisition of materials from a vendor c. record and electronically transmit materials data in place of a receiving report d. release finished goods to the shipping department
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The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
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The materials requisition is used to a. release materials from the storeroom to the factory b. recor...
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