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Graham Corporation's budgeted production schedule, by quarters, for the coming year is as follows: Quarter 1 = 22,500 un
Posted: Tue Jul 05, 2022 11:48 am
by answerhappygod
- Graham Corporation S Budgeted Production Schedule By Quarters For The Coming Year Is As Follows Quarter 1 22 500 Un 1 (85.96 KiB) Viewed 8 times
Graham Corporation's budgeted production schedule, by quarters, for the coming year is as follows: Quarter 1 = 22,500 units Quarter 2 = 19,000 units Quarter 3 = 17,000 units Quarter 4 = 24,000 units Each unit of product requires three pounds of direct material. The
company's policy is to begin each quarter with 30% of that quarter's direct materials production requirements. Graham expects to have 50,000 pounds of direct materials on hand at the beginning of Quarter 1. What would be Graham's budgeted direct materials purchases (in pounds) for the first quarter?