Answer
$105,800
Work Step by Step
The estimated cost of raw materials purchases for July = Raw materials purchased in July * Cost of raw materials= 52,900 * 2.00 = $105,800
Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Chapter 8 - Master Budgeting - The Foundational 15 - Required - Page 372: 6
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