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karotop02 karotop02
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A month ago
Barry Co. manufactures leather briefcases and carryalls. Barry's production manager has provided the following production budget. Each briefcase or carryall requires 1.2 yards of leather fabric and Barry maintains an ending inventory of leather fabric equal to 25% of the next month's production needs.

​​FebruaryMarchAprilMayJune
Budgeted production50,00044,00060,00064,00058,000
If each yard of leather fabric costs $8.60, how much should Barry budget for purchases of fabric in April?

▸ $619,200

▸ $784,320

▸ $629,520

▸ $524,600
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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edwardssheedwardsshe
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A month ago
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$629,520

(60,000 × 1.2) - [(60,000 ÷ 4) × 1.2] + [(64,000 ÷ 4) × 1.2] = 73,200; 73,200 yards × $8.60 per yard = $629,520
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This calls for a celebration Person Raising Both Hands in Celebration
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This helped my grade so much Perfect
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