Accounting · Material Purchase Budget
J Co makes Component F. Each unit of Component F uses 3 kg of material G. Budgeted sales of Component F are forecast to be 20,000 units during January. Opening Inventory of material G is 3,000 kg and closing inventory is targeted to be 3,500 kg. Each kg of material G costs $2.50. Assuming production of finished goods equals sales of finished goods, what is the material G purchases budget for January in $?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1151,260
- 2151,350
- 3151,252
- 4151,250✓
Correct answer
151,250
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