Business, 22.06.2021 19:30 nicholasferrell

Balmforth Products, Inc. makes and sells a single product called a Bik. It takes three yards of Material A to make one Bik. Budgeted production of Biks for the next five months is as follows: The company wants to maintain monthly ending inventories of Material A equal to 20% of the following month's production needs. On January 31, this target had not been attained since only 2,000 yards of Material A were on hand. The cost of Material A is $0.80 per yard. The company wants to prepare a Direct Materials Purchases Budget. The total needs (i. e., production requirements plus desired ending inventory) of Material A for the month of May are:

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Balmforth Products, Inc. makes and sells a single product called a Bik. It takes three yards of Mate...