Vaughn Company has 1,960 pounds of raw materials in its December 31,2021, ending inventory. Required...
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Accounting
Vaughn Company has pounds of raw materials in its December ending inventory. Required production for January and February of are and units, respectively. Two pounds of raw materials are needed for each unit, and the estimated cost per pound is $ Management desires an ending inventory equal to of next month's materials requirements. Prepare the direct materials budget for January. VAUGHN COMPANY Direct Materials Budget For the Month Ending January Direct Materials Units to be Purchased $ $
Vaughn Company has pounds of raw materials in its December ending inventory. Required production for January and February of are and units, respectively. Two pounds of raw materials are needed for each unit, and the estimated cost per pound is $ Management desires an ending inventory equal to of next month's materials requirements.
Prepare the direct materials budget for January.
VAUGHN COMPANY
Direct Materials Budget
For the Month Ending January
Direct Materials Units to be Purchased
$
$
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