Professional Documents
Culture Documents
2. How much would be the budgeted purchases of materials in the second quarter?
1st Quarter 2nd Quarter
Required Production (units) 29,000 30,000
Multiplied by: Raw Materials Required Per Unit 4 4
Raw Material Units Required for Production 116,000 120,000
Add: Desired Ending Inventory 7,500 8,000
Total Materials Available for Use 123,500 128,000
Less: Raw Materials, Beginning Inventory - 7,500
Required Raw Materials to be Purchased 123,500 120,500
Multiplied by: Direct Material Cost per Unit 0.60 0.60
Budgeted Materials Purchased Cost Php 74,100.00 Php 72,300.00
he current budget year.
of the purchases during the quarter.
quarter to 10% of the sales for the next year.
After Discount (30%) Following Month (70%) Second Following Month (30%) Total
12,000 8,400 3,600 39,440
18,000 12,600 5,400 59,160
21,000 14,700 6,300 69,020
18,000 12,600 5,400 59,160
15,000 10,500 4,500 49,300
After Discount (30%) Following Month (70%) Second Following Month (30%) Total
12,000 8,400 3,600 39,440
18,000 12,600 5,400 59,160
21,000 14,700 6,300 69,020
18,000 12,600 5,400 59,160
15,000 10,500 4,500 49,300