{"id":44371,"date":"2024-04-15T21:42:48","date_gmt":"2024-04-15T21:42:48","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=44371"},"modified":"2024-04-15T21:42:48","modified_gmt":"2024-04-15T21:42:48","slug":"at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/","title":{"rendered":"AT Co makes a single product and is preparing its material usage budget for next year Each unit of product requires 2kg of material, and 5,000 units of product are to be produced next year Opening inventory of material is budgeted to be 800 kg and AT co budgets to increase material inventory at the end of next year by 20%. The material usage budget for next year is"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;8,000 Kg&#8221; option2=&#8221;9,840 kg&#8221; option3=&#8221;10,000 Kg&#8221; option4=&#8221;10,160 Kg&#8221; correct=&#8221;option2&#8243;]<!--more--><\/p>\n<p>The correct answer is B. 9,840 kg.<\/p>\n<p>The material usage budget is calculated as follows:<\/p>\n<p>Material usage budget = Production quantity x Material per unit x (1 + Closing inventory\/Opening inventory)<\/p>\n<p>= 5,000 units x 2 kg\/unit x (1 + 120\/100)<\/p>\n<p>= 9,840 kg<\/p>\n<p>The other options are incorrect because they do not take into account the closing inventory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;8,000 Kg&#8221; option2=&#8221;9,840 kg&#8221; option3=&#8221;10,000 Kg&#8221; option4=&#8221;10,160 Kg&#8221; correct=&#8221;option2&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-44371","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AT Co makes a single product and is preparing its material usage budget for next year Each unit of product requires 2kg of material, and 5,000 units of product are to be produced next year Opening inventory of material is budgeted to be 800 kg and AT co budgets to increase material inventory at the end of next year by 20%. The material usage budget for next year is<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AT Co makes a single product and is preparing its material usage budget for next year Each unit of product requires 2kg of material, and 5,000 units of product are to be produced next year Opening inventory of material is budgeted to be 800 kg and AT co budgets to increase material inventory at the end of next year by 20%. The material usage budget for next year is\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;8,000 Kg&#8221; option2=&#8221;9,840 kg&#8221; option3=&#8221;10,000 Kg&#8221; option4=&#8221;10,160 Kg&#8221; correct=&#8221;option2&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T21:42:48+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AT Co makes a single product and is preparing its material usage budget for next year Each unit of product requires 2kg of material, and 5,000 units of product are to be produced next year Opening inventory of material is budgeted to be 800 kg and AT co budgets to increase material inventory at the end of next year by 20%. The material usage budget for next year is","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/","og_locale":"en_US","og_type":"article","og_title":"AT Co makes a single product and is preparing its material usage budget for next year Each unit of product requires 2kg of material, and 5,000 units of product are to be produced next year Opening inventory of material is budgeted to be 800 kg and AT co budgets to increase material inventory at the end of next year by 20%. The material usage budget for next year is","og_description":"[amp_mcq option1=&#8221;8,000 Kg&#8221; option2=&#8221;9,840 kg&#8221; option3=&#8221;10,000 Kg&#8221; option4=&#8221;10,160 Kg&#8221; correct=&#8221;option2&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T21:42:48+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/","url":"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/","name":"AT Co makes a single product and is preparing its material usage budget for next year Each unit of product requires 2kg of material, and 5,000 units of product are to be produced next year Opening inventory of material is budgeted to be 800 kg and AT co budgets to increase material inventory at the end of next year by 20%. The material usage budget for next year is","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-15T21:42:48+00:00","dateModified":"2024-04-15T21:42:48+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/at-co-makes-a-single-product-and-is-preparing-its-material-usage-budget-for-next-year-each-unit-of-product-requires-2kg-of-material-and-5000-units-of-product-are-to-be-produced-next-year-opening-inv\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"Costing","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/costing\/"},{"@type":"ListItem","position":3,"name":"AT Co makes a single product and is preparing its material usage budget for next year Each unit of product requires 2kg of material, and 5,000 units of product are to be produced next year Opening inventory of material is budgeted to be 800 kg and AT co budgets to increase material inventory at the end of next year by 20%. 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