Answer:
Total Material cost = $507,000
Explanation:
Material budget shows the total budgeted material cost for a specific period.
Sleep master, inc.
Direct Material Budget
December 31, 2013
Budgeted production units 57,000
yards required per comforter × 6
Materials needed for production = 342,000 yards
Add: Ending Material Inventory = 27,000 yards
Total Material units required = 369,000 yards
Less: Beginning Materials = (31,000) yards
Material used = 338,000 yards
Cost per yard × $1.50
Total Material cost = $507,000
