Presented is selected first quarter budget data for the Barney Company: Sales January 25,000 units February 20,000 units
Posted: Sun Jul 03, 2022 1:08 pm
Presented is selected first quarter budget data for the BarneyCompany:
Sales
January 25,000 units
February 20,000 units
March 42,000 units
Additional information:
Each unit of finished product requires two pounds of rawmaterials.
Barney maintains ending finished goods inventories equal to 25percent of the following month's budgeted sales.
Barney maintains raw materials inventories equal to 20 percentof the following month's budgeted production.
January 1 inventories are in line with Barney's inventorypolicy.
Barney's budgeted purchases (in pounds) for January is: Selectone:
A. 66,000 pounds
B. 48,200 pounds
C. 51,000 pounds
D. None of the values are correct
Sales
January 25,000 units
February 20,000 units
March 42,000 units
Additional information:
Each unit of finished product requires two pounds of rawmaterials.
Barney maintains ending finished goods inventories equal to 25percent of the following month's budgeted sales.
Barney maintains raw materials inventories equal to 20 percentof the following month's budgeted production.
January 1 inventories are in line with Barney's inventorypolicy.
Barney's budgeted purchases (in pounds) for January is: Selectone:
A. 66,000 pounds
B. 48,200 pounds
C. 51,000 pounds
D. None of the values are correct