Quality Costing- Purchases Budget

Kevhvan Graham Accounting Level 3 English 1 page

Content of the notes (1)

Ivans Company

Direct Materials Purchases Budget

for the quarter ended December 20X9

October November December Quarter

Production needs 4,000 yards 8,000 yards 5,000 yards 17,000 yards

Desired Ending Inventory 1,200 yards 750 yards 900 yards 900 yards

Total Needs 5,200 yards 8,750 yards 5,900 yards 17,900 yards

Beginning Inventory 600 yards 1,200 yards 750 yards 600 yards

Direct Materials to be purchased 4,600 yards 7,550 yards 5,150 yards 17,300 yards

Total Purchases cost $16,100 $ 26,425 $18,025 $60,550

Description: Level 3 Accounting (Quality Costing and Budgeting) Note on Quality Costing- Purchases Budget, created by Kevhvan Graham on 21/04/2021.
Created by: Kevhvan Graham · Apr 2021
Updated: Apr 21, 2021
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