Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 6 - Master Budget and Responsibility Accounting - Assignment Material - Exercises - Page 231: 6-20(3)

Answer

In Units: Target Ending Inventory (72,000 wheels) - Beginning Inventory (55,000 wheels) = 17,000 wheels In Yen: Budgeted Purchase Price (¥18,000 per wheel) $\times$ Budgeted Purchases in Units (17,000 wheels) = 306,000,000 yen

Work Step by Step

In Units: Target Ending Inventory (72,000 wheels) - Beginning Inventory (55,000 wheels) = 17,000 wheels In Yen: Budgeted Purchase Price (¥18,000 per wheel) $\times$ Budgeted Purchases in Units (17,000 wheels) = 306,000,000 yen
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