O 240,000 O 168,000 O 198,000 Question 1.8 4 points Qr Madrid Inc. has the follo
ID: 2589292 • Letter: O
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O 240,000 O 168,000 O 198,000 Question 1.8 4 points Qr Madrid Inc. has the following budgeted production in units for the next four months: June July August September Two pounds of raw materials are required for each unit produced. Ending raw materials inventory should equal 30% of next month's production needs. Raw materials inventory on June 1st was 54,000 pounds. Total required raw material purchases in pounds for July are: Units Produced 90,000 120,000 210,000 150,000 O 294,000 O 158,000 O 240,000 Question 1.9 4 points Brussels Company establishes its budget for revenues based upon client visits. The budget for the current month was for 2,100 client visits, and Brussels budgets revenues of $40 per visit. The actual number of client visits for the month was 2,050 and total revenues were $82,960. Brussels Company's Terms of Service Privacy StaExplanation / Answer
July Units produced 120000 Raw materials per unit 2 Total materials for production 240000 Add: Ending inventory 126000 =210000*2*30% Total material needs 366000 Less: Beginning inventory 72000 Material purchases 294000 Option 1 is correct
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