915 pleaseSolutionSolution 9 Estimated raw material inventor

9-15 please!

Solution 9:

Estimated raw material inventory balance at the end of july = 27200 * 4 * 10% = 10880 pound

Estimated raw material inventory balance in value = 10880 * $2.50 = $27,200

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Solution 15:

Production budget for July - Morganton Company
Particulars	July	August
Budgeted sales units	25000	27000
Add: Desired ending inventory	5400	5600
Less: Beginning inventory	5000	5400

Production units	25400	27200