Answer:
The budgeted materials need in liters for April is $54,800 liters.
Explanation:
For computing the needed budgeted material for April month, following equation is used which is shown below:
= Budgeted raw material + closing inventory - opening inventory
where ,
budgeted raw material for April month is $56,000 liters
Closing inventory is 30% of following month which equals to
= 52,000 × 30%
= 15,600 liters
and, opening inventory is given i.e. 16,800 liters.
Now, apply these values to the above equation which equals to
= $56,000 + $15,600 - $16,800
= $54,800 liters
Thus, the budgeted materials need in liters for April is $54,800 liters.
