Electro Company budgets production of electric panels in the second quarter and electric panels in the third quarter. Each panel requires pound of direct materlal at a cost of $ per pound. The company desires to end each quarter with an ending inventory of this material equal to of next quarter's budgeted materials requirements. Beginning inventory of this material Is pounds.
Prepare a direct materlals budget for the second quarter.
tableELECTRO COMPANY,Direct Materials Budget,Units to produce,,Second QuarterunitsMaterials needed for production poundsTotal materials required,,Materials to purchase poundsCost of direct materials purchases,,
