The total cost of Jurislon to be purchased in August is:

A) $1,839,600
B) $1,014,300
C) $1,208,700
D) $1,017,000

Question

The total cost of Jurislon to be purchased in August is:A) $1,839,600B) $1,014,300C) $1,208,700D) $1,017,000

Sunil Sunkari · Accepted Answer

Final Answer : B, Explanation :    Reference: CH08-Ref20Coles Corporation, Inc.makes and sells a single product, Product R.Three yards of Material K are needed to make one unit of Product R.Budgeted production of Product R for the next five months is as follows:   The company wants to maintain monthly ending inventories of Material K equal to 20% of the following month's production needs.On July 31, this requirement was not met since only 2,500 yards of Material K were on hand.The cost of Material K is $0.85 per yard.The company wants to prepare a Direct Materials Purchase Budget for the rest of the year.

The total cost of Jurislon to be purchased in August is:

A) $1,839,600
B) $1,014,300
C) $1,208,700
D) $1,017,000

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