Cactus Cover Corporation produces a plant cover to help plants stay shaded and cool in the hot summer sun. Each plant co
Posted: Sun Jul 03, 2022 3:58 pm
company had only 12,600 yards of fabric on hand. The cost of the fabric is expected to be $25 per yard. The cost of the fabric to be purchased in January is:
$1,525,000 $1,813,750 $1,498,750 $2,757,500 B
Cactus Cover Corporation produces a plant cover to help plants stay shaded and cool in the hot summer sun. Each plant cover requires 2.5 yards of a special patented fabric. During the first five months of the year, Cactus Cover Corporation budgets that they will produce the following covers: January February March April May 24,400 covers 23,100 covers. 24,500 covers 25,700 covers 25,400 covers The corporation desires a monthly ending inventory of the fabric equal to 20% of the fabric needed for the following month's budgeted. However, on January 1, the $1,525,000 $1,813,750 $1,498,750 $2,757,500 B