Business, 30.03.2020 23:53 TACOSDAILY
The company wants to maintain monthly ending inventories of Jurislon equal to 25% of the following month's production needs. On July 31, this requirement was not met since only 11,700 kilograms of Jurislon were on hand. The cost of Jurislon is $27 per kilogram. The company wants to prepare a Direct Materials Purchase Budget for the next five months. The total cost of Jurislon to be purchased in August is:
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The company wants to maintain monthly ending inventories of Jurislon equal to 25% of the following m...
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