Homework Answers
| Direct MaterialUsage Budget in Quantity and Dollars | |||
| For the Month of April | |||
| Material | |||
| Plastic | Metal | Total | |
| Physical Units Budget | |||
| Direct materials required for | |||
| Cat-allac | 2400 | 240 | |
| Dog-eriffic | 1680 | 240 | |
| Total quantity of direct material to be used | 4080 | 480 | |
| Cost Budget | |||
| Available from beginning direct materials inventory | |||
| (under a FIFO cost-flow assumption) | |||
| Plastic | $ 924 | ||
| Metal | $ 231 | ||
| To be purchased this period | |||
| Plastic [(4080 - 220)lbs. x $6] | $ 23,160 | ||
| Metal [(480 - 70)lbs. x $5] | $ 2,050 | ||
| Direct materials to be used this period | $ 24,084 | $ 2,281 | $ 26,365 |
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Input Prices Direct materials Plastic Metal Direct manufacturing labor $ 6 per pound $ 5 per...
P6-40 (similar to) Question Help Pet Transport Company makes two pet carriers, the Cat-allac and the...
P6-40 (similar to) Question Help Pet Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. Pet Transport uses an activity-based costing system and classifies overhead into They are both made of plastic with metal doors, but the Cat-allac is smaller. three activity pools: Setup, Processing, and Inspection. Activity rates for these Information for the two products for the month of April is given in the following activities are $120 per setup-hour, $10 per machine-hour, and $10 per tables:...
I only need help with the top part. I can not see the other parts to...
I only need help with the top part. I can not see the other
parts to the question
Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: E: (Click the icon to view the information for the two products.) Animal Transport accounts for direct materials using a...
Pet Luggage Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made...
Pet Luggage Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: (Click the icon to view the information for the two products.) Pet Luggage accounts for direct materials using a FIFO cost-flow assumption. (Click the icon to view the account information.) Pet Luggage uses an activity-based costing system and...
Animal Gear Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made...
Animal Gear Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables Input Prices Direct materials Plastic $4 per pound Metal $3 per pound Direct manufacturing labor $14 per direct manufacturing labor hour Input Quantities per Unit of Output Cat-allac Dog-eriffic Direct materials Plastic 3 pounds 5 pounds Metal 0.5...
w P i S of the month of April is given in the following tables: (Click...
w P i S of the month of April is given in the following tables: (Click the icon to view the information for the two products.) Pet Transport accounts for direct materials using a FIFO cost-flow assumption (Click the icon to view the account information.) Processing, and Inspe per inspection hour, te : (Click the icon to Read the requiremen Dog-errific 1,000 lbs. 200 lbs 2.560 vs 460 2560 Total quantity of direct material to be used Cost Budget Available...
A Requirements Prepare the following for April: 1. Revenues budget 2. Production budget in units 3....
A Requirements Prepare the following for April: 1. Revenues budget 2. Production budget in units 3. Direct material usage budget and direct material purchases budget 4. Direct manufacturing labor cost budget 5. Manufacturing overhead cost budgets for each of the three activities 6. Budgeted unit cost of ending finished goods inventory and ending inventories budget 7. Cost of goods sold budget 8. Nonmanufacturing costs budget 9. Budgeted income statement (ignore income taxes) 10. How does preparing the budget help Animal...
P6-40 (similar to) Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They...
P6-40 (similar to) Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: (Click the icon to view the information for the two products.) Animal Transport accounts for direct materials using a FIFO cost-flow assumption. E!! (Click the icon to view the account information.) Requirement 1. Prepare the...
Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made...
Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: (Click the icon to view the information for the two products.) Animal Transport accounts for direct materials using a FIFO cost-flow assumption. 2(Click the icon to view the account information.) Animal Transport uses an activity-based costing system and...
Drop down options: Cash Sales Credit card sales Direct manufacturing labor Direct materials Income taxes Interest...
Drop down options:
Cash Sales
Credit card sales
Direct manufacturing labor
Direct materials
Income taxes
Interest on loan
Machinery purchase
Manufacturing overhead
Nonmanufacturing overhead
Other nonmanufacturing fixed costs
Repayment of loan
Sales commissions
• Animal Transport (AT) does not make any sales on credit. AT sells only to the public and accepts cash and credit cards; 90% of its sales are to customers using credit cards, for which AT gets the cash right away, less a 2% transaction fee. •...
P6-40 (similar to) Question Help Pet Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. Pet Transport uses an activity-based costing system and classifies overhead into They are both made of plastic with metal doors, but the Cat-allac is smaller. three activity pools: Setup, Processing, and Inspection. Activity rates for these Information for the two products for the month of April is given in the following activities are $120 per setup-hour, $10 per machine-hour, and $10 per tables:...
I only need help with the top part. I can not see the other
parts to the question
Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: E: (Click the icon to view the information for the two products.) Animal Transport accounts for direct materials using a...
Pet Luggage Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: (Click the icon to view the information for the two products.) Pet Luggage accounts for direct materials using a FIFO cost-flow assumption. (Click the icon to view the account information.) Pet Luggage uses an activity-based costing system and...
w P i S of the month of April is given in the following tables: (Click the icon to view the information for the two products.) Pet Transport accounts for direct materials using a FIFO cost-flow assumption (Click the icon to view the account information.) Processing, and Inspe per inspection hour, te : (Click the icon to Read the requiremen Dog-errific 1,000 lbs. 200 lbs 2.560 vs 460 2560 Total quantity of direct material to be used Cost Budget Available...
A Requirements Prepare the following for April: 1. Revenues budget 2. Production budget in units 3. Direct material usage budget and direct material purchases budget 4. Direct manufacturing labor cost budget 5. Manufacturing overhead cost budgets for each of the three activities 6. Budgeted unit cost of ending finished goods inventory and ending inventories budget 7. Cost of goods sold budget 8. Nonmanufacturing costs budget 9. Budgeted income statement (ignore income taxes) 10. How does preparing the budget help Animal...
P6-40 (similar to) Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: (Click the icon to view the information for the two products.) Animal Transport accounts for direct materials using a FIFO cost-flow assumption. E!! (Click the icon to view the account information.) Requirement 1. Prepare the...
Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller. Information for the two products for the month of April is given in the following tables: (Click the icon to view the information for the two products.) Animal Transport accounts for direct materials using a FIFO cost-flow assumption. 2(Click the icon to view the account information.) Animal Transport uses an activity-based costing system and...
Drop down options:
Cash Sales
Credit card sales
Direct manufacturing labor
Direct materials
Income taxes
Interest on loan
Machinery purchase
Manufacturing overhead
Nonmanufacturing overhead
Other nonmanufacturing fixed costs
Repayment of loan
Sales commissions
• Animal Transport (AT) does not make any sales on credit. AT sells only to the public and accepts cash and credit cards; 90% of its sales are to customers using credit cards, for which AT gets the cash right away, less a 2% transaction fee. •...
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