![subject](/tpl/images/cats/ekonomika.png)
Business, 27.07.2021 16:10 iheartgirl9373
Preparing a Direct Materials Purchases Budget Patrick Inc. makes industrial solvents sold in 5-gallon drum containers. Planned production in units for the first 3 months of the coming year is: January 40,000 February 50,000 March 65,000 Each drum requires 6 gallons of chemicals and one plastic drum container. Company policy requires that ending inventories of raw materials for each month be 20% of the next month's production needs. That policy was met for the ending inventory of December in the prior year. The cost of one gallon of chemicals is $2.00. The cost of one drum is $1.60.
Required
1. Calculate the ending inventory of chemicals in gallons for December of the prior year, and for January and February. What is the beginning inventory of chemicals for January? Round your answers to the nearest whole gallon. Ending inventory for December gallons Ending inventory for January gallons Ending inventory for February gallons Beginning inventory for January gallons
2. Prepare a direct material purchases budget for chemicals for the months of January and February. Round Dollar purchases the nearest dollar. Round all the other values to the nearest whole unit. Do not include a multiplication symbol as part of your answer
![ansver](/tpl/images/cats/User.png)
Answers: 1
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 22:20
What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 20:00
Will mark brainliest a brief overview of your company's strengths, weaknesses, opportunities, and threats is called a branding strategy. financial evaluation. paranoid scenario. situational analysis.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 21:00
The word "restaurant" makes people think of a building where you go to eat. like all words, "restaurant" is an example of a
Answers: 2
You know the right answer?
Preparing a Direct Materials Purchases Budget Patrick Inc. makes industrial solvents sold in 5-gallo...
Questions
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 14.03.2020 10:32
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 14.03.2020 10:34
![question](/tpl/images/cats/mat.png)
Mathematics, 14.03.2020 10:34
![question](/tpl/images/cats/biologiya.png)
Biology, 14.03.2020 10:35
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/himiya.png)
Chemistry, 14.03.2020 10:36
![question](/tpl/images/cats/en.png)
English, 14.03.2020 10:36
![question](/tpl/images/cats/mat.png)
Mathematics, 14.03.2020 10:36
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 14.03.2020 10:40
![question](/tpl/images/cats/mkx.png)
Arts, 14.03.2020 10:40
![question](/tpl/images/cats/mat.png)
Mathematics, 14.03.2020 10:40
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 14.03.2020 11:02