Purchases Budget
Crosser Company budgets on a quarterly basis. The followingbeginning and ending inventory levels (in units) are planned forthe first and second quarters of 2012:
Required:
If Crosser Company were to manufacture 400,000 finished units(in total) during the first two quarters of 2012, how many units ofraw material would it need to purchase?
Prepare the purchases budget for the first six months of 2012.Enter all amounts as positive numbers.
Dec. 31, 2011 and June 30, 2012
Required production in units
Raw material needed per unit
Units of raw material needed
Add: Desired ending inventory
Total budgeted needs
Less: Beginning inventory
Units of raw material to be purchased
Jan-March, 2012 April-June, 2012 Raw materials 40,000 50,000 12,000 15,000 Work in process 80,000 Finished goods 45,000 Two units of raw material are needed to produce each unit of finished product. Show transcribed image text Jan-March, 2012 April-June, 2012 Raw materials 40,000 50,000 12,000 15,000 Work in process 80,000 Finished goods 45,000 Two units of raw material are needed to produce each unit of finished product.
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