Raw Materials Inventory Assignment
February 24th, 2020
3. Google has the following section bedre for 2017: Quarter Units 10,000 2 8 .000 3 _6,000 4 4 ,000 Each unit requires & pounds of raw material costing $2.50 per pound.
On December 31, 2016, the ending raw materials inventory was 18,000 pounds Management wants to have raw materials inventory at the end of each quarter equal to 50% of most quarter's production requirements. What will be the cost of raw material purchases during quarter 3? $22,300 b. $20,000 (552.500 550.000 49. .