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Clic Inc., provides the following data for the next four months

Clic Inc., provides the following data for the next four months
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Price: $14.99
Availability: In Stock
Model: A
Average Rating: 5 out of 5 Stars!

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Solution Guide / Answer Key:

ACCOUNTING

Clic Inc., provides the following data for the next four months:

April May June July
Unit Sales 500 580 530 600

Ending Raw Materials Inventory 663 lbs.
Ending Finished Goods Inventory 175 Units

Desired Ending Inventory:
Raw Materials = 30% of next month's production needs
Finished Goods = 20% of next month's sales

Pounds of raw material required for each finished Unit = 5 lbs.

Required:
Calculate the amount of purchases of raw materials in pounds for April and May.


FILE: MS WORD

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