Beckett Industries manufactures stuff animals for children that requires three computer chips inside each toy....
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Beckett Industries manufactures stuff animals for children that requires three computer chips inside each toy. Beckett industries pays $ for each computer chip. Beckett industries has a policy that states that ending inventory of computer chips should be at least of the following months production needs. The purchases are paid in the month of purchase and the remaining in the next month. December st ending inventory was The production schedule for the first three months of the year is as follows Stuffed animals to be produced January February March April Required Prepare a purchase budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the purchases in the budget. Prepare a schedule of cash disbursements for materials purchases
Beckett Industries manufactures stuff animals for children that requires three computer chips inside each toy. Beckett industries pays $ for each computer chip. Beckett industries has a policy that states that ending inventory of computer chips should be at least of the following months production needs. The purchases are paid in the month of purchase and the remaining in the next month.
December st ending inventory was
The production schedule for the first three months of the year is as follows
Stuffed animals to be produced
January
February
March
April
Required
Prepare a purchase budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the purchases in the budget.
Prepare a schedule of cash disbursements for materials purchases
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