Answer to Question #211744 in Finance for angelo r reyes

Question

Glosm Company showed the following on its direct materials budget for June:

Units to be produced

50,000

Total kilos needed for production

4,000

Total kilos of materials to be purchased   5,000

The materials cost ₱2 per kilo. How much is the cost of direct materials per unit?

2. The direct materials budget shows:

Desired ending direct materials

20,000 kilos

Materials purchased

51,400 kilos

Beginning inventory on hand

1,200 kilos

How much is the total direct materials needed for production?

Answer 1

1:

2: