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Business, 21.02.2021 04:00 twalalgreen26

Can I please have help with these 2 questions? 5. If 124,800 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?

6. If 124,800 pounds of raw materials are needed to meet production in August, what is the estimated cost of raw materials purchases for July?

Information I have gathered correctly:
Budgeted sales for July = $1,740,000
Expected July cash collections= $ 933,600
Accounts Receivable balance at the end of july= $1,218,000
Required production in July = 29,400 units


Can I please have help with these 2 questions?

5. If 124,800 pounds of raw materials are needed t

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