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Production Budget Pasadena Candle Inc. projected sales of 88,000 candles for the year. The estimated January...
Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 735,000 candles for the year. Wax...
Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 735,000 candles for the year. Wax is required to produce a candle. Assume 12 ounces of wax is required for each candle. The estimated January 1 wax inventory is 17,900 pounds. The desired December 31 wax inventory is 12,800 pounds. If candle wax costs $2.10 per pound, determine the direct materials purchases budget for the year. (One pound = 16 ounces.) Round all computed answers to the nearest whole dollar....
Cost of goods sold budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year....
Cost of goods sold budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. Ifr molding labor costs $18 per hour, determine the direct labor cost budget for the year. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during the year. If candle wax costs $1.24 per pound, determine the direct materials purchases for the year. Prepare...
PLEASE HELP AND SHOW WORK, please highlight answers, THANK YOU!! 6. 7. dropdowns for 7 Bottlebrush...
PLEASE HELP AND SHOW WORK, please highlight answers, THANK YOU!!
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7.
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Bottlebrush Company has operating income of $99,960, invested assets of $196,000, and sales of $588,000. Use the DuPont formula to compute the return on investment, and show (a) the profit margin, (b) the investment turnover, and (c) th return on investment. Round answers to one decimal place. a. Profit margin % b. Investment turnover C. Return on investment % Production Budget Pasadena Candle Inc. projected...
h 21 - HW Cost of goods sold budget Pasadena Candle Inc. budgeted production of 785,000...
h 21 - HW Cost of goods sold budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hou determine the direct labor cost budget for the year. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during the year. If candle wax costs $1.24 per pound, determine the direct materials purchases...
Pasadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires molding. Assume that...
Pasadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hour, determine the direct labor cost budget for January. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during January. The candle wax costs $1.24 per pound. Prepare a cost of goods sold budget for Pasadena Candle Inc. using the information above. Assume the...
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each...
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hour, determine the direct labor cost budget for the year. Pasadena Candle Inc. Direct Labor Cost Budget For the Year Ending December 31 Hours required for assembly: Candles min. Convert minutes to hours min. Molding hours hrs. Hourly rate Total direct labor cost
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 51,000 candles for the year. Each...
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 51,000 candles for the year. Each candle requires molding. Assume that 15 minutes are required to mold each candle. If molding labor costs $13.5 per hour, determine the direct labor cost budget for the year. Round hourly rate to the nearest cent, if required. Pasadena Candle Inc. Direct Labor Cost Budget For the Year Ending December 31 Hours required for assembly: Candles min. Convert minutes to hours ÷ min. Molding...
Cost of goods sold budget Pasadena Candle Inc. A budget of estimated unit production.budgeted production of...
Cost of goods sold budget Pasadena Candle Inc. A budget of estimated unit production.budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hour, determine the direct labor cost budget for the year. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during the year. If candle wax costs $1.24 per pound, determine the direct materials...
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 36,000 candles for the year Each...
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 36,000 candles for the year Each candle requires molding. Assume that three minutes are requirea to mold each candle. If molding labor costs $12.25 per hour, determine the direct labor cost budget for the year Round hourly rate to nearest cent, if required
Magnolia Candle Inc. budgeted production of 74,200 candles in 20Y4. Wax is required to produce a candle. Assume that eig...
Magnolia Candle Inc. budgeted production of 74,200 candles in
20Y4. Wax is required to produce a candle. Assume that eight ounces
(one-half of a pound) of wax is required for each candle. The
estimated January 1, 20Y4, wax inventory is 2,500 pounds. The
desired December 31, 20Y4, wax inventory is 2,100 pounds. Candle
wax costs $4.10 per pound.
Each candle requires molding. Assume that 12 minutes are
required to mold each candle. Molding labor costs $14.00 per
hour.
Prepare a...
Cost of goods sold budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. Ifr molding labor costs $18 per hour, determine the direct labor cost budget for the year. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during the year. If candle wax costs $1.24 per pound, determine the direct materials purchases for the year. Prepare...
PLEASE HELP AND SHOW WORK, please highlight answers, THANK YOU!!
6.
7.
dropdowns for 7
Bottlebrush Company has operating income of $99,960, invested assets of $196,000, and sales of $588,000. Use the DuPont formula to compute the return on investment, and show (a) the profit margin, (b) the investment turnover, and (c) th return on investment. Round answers to one decimal place. a. Profit margin % b. Investment turnover C. Return on investment % Production Budget Pasadena Candle Inc. projected...
h 21 - HW Cost of goods sold budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hou determine the direct labor cost budget for the year. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during the year. If candle wax costs $1.24 per pound, determine the direct materials purchases...
Pasadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hour, determine the direct labor cost budget for January. Wax is required to produce a candle. Assume 487,125 pounds of material will be purchased during January. The candle wax costs $1.24 per pound. Prepare a cost of goods sold budget for Pasadena Candle Inc. using the information above. Assume the...
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 785,000 candles for the year. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs $18 per hour, determine the direct labor cost budget for the year. Pasadena Candle Inc. Direct Labor Cost Budget For the Year Ending December 31 Hours required for assembly: Candles min. Convert minutes to hours min. Molding hours hrs. Hourly rate Total direct labor cost
Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 36,000 candles for the year Each candle requires molding. Assume that three minutes are requirea to mold each candle. If molding labor costs $12.25 per hour, determine the direct labor cost budget for the year Round hourly rate to nearest cent, if required
Magnolia Candle Inc. budgeted production of 74,200 candles in
20Y4. Wax is required to produce a candle. Assume that eight ounces
(one-half of a pound) of wax is required for each candle. The
estimated January 1, 20Y4, wax inventory is 2,500 pounds. The
desired December 31, 20Y4, wax inventory is 2,100 pounds. Candle
wax costs $4.10 per pound.
Each candle requires molding. Assume that 12 minutes are
required to mold each candle. Molding labor costs $14.00 per
hour.
Prepare a...
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