Homework Answers
Raw material purchase = Raw material needed for production+Desired ending inventory-Beginning inventory
= (23100*7.5)+(21800*7.5*25%)-11300
Raw material purchase = 202825
Cost of material purchase = 202825*23 = $4664975
Add Answer to:
TB MC Qu. 8-176 Caspion Corporation makes and sells ... Caspion Corporation makes and sells a...
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 10.5 kilograms of...
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 10.5 kilograms of the raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: August 23,400 units September 22,100 units October 23,500 units November 24,700 units December 24,400 units The company wants to maintain monthly ending inventories of Jurislon equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 11,600 kilograms of Jurislon...
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 8.5 kilograms of...
Caspion Corporation makes and sells a
product called a Miniwarp. One Miniwarp requires 8.5 kilograms of
the raw material Jurislon. Budgeted production of Miniwarps for the
next five months is as follows: August 24,100 units September
22,800 units October 24,200 units November 25,400 units December
25,100 units The company wants to maintain monthly ending
inventories of Jurislon equal to 25% of the following month's
production needs. On July 31, this requirement was not met since
only 12,300 kilograms of Jurislon...
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 2.5 kilograms of...
Caspion Corporation makes and
sells a product called a Miniwarp. One Miniwarp requires 2.5
kilograms of the raw material Jurislon. Budgeted production of
Miniwarps for the next five months is as follows: August 23,500
units September 22,200 units October 23,600 units November 24,800
units December 24,500 units The company wants to maintain monthly
ending inventories of Jurislon equal to 25% of the following
month's production needs. On July 31, this requirement was not met
since only 11,700 kilograms of Jurislon...
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 8,5 kilograms of...
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 8,5 kilograms of the raw material Jurislon, Budgeted production of Miniwarps for the next five months is as follows: August September October November December 23,200 units 21,900 units 23,300 units 24,500 units 24,200 units The company wants to maintain monthly ending inventories of Jurision equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 11,400 kilograms of Jurision...
Dilly Farm Supply is located in a small town in the rural west. Data regarding the...
Dilly Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow: • Sales are budgeted at $303,000 for November, $323,000 for December, and $223,000 for January. • Collections are expected to be 70% in the month of sale and 30% in the month following the sale. • The cost of goods sold is 75% of sales. • The company desires to have an ending merchandise inventory at the end of each month...
TB MC Qu. 8-103 Rokosz Corporation makes one product and ... Rokosz Corporation makes one product...
TB MC Qu. 8-103 Rokosz Corporation makes one product and ... Rokosz Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: The budgeted selling price per unit is $104. Budgeted unit sales for October, November, December, and January are 6,900, 7,100, 11,300, and 15,300 units, respectively. All sales are on credit. Regarding credit sales, 30% are collected in the month of the sale and 70% in...
TB MC Qu. 8-112 Sevenbergen Corporation makes one product ... Sevenbergen Corporation makes one product and...
TB MC Qu. 8-112 Sevenbergen Corporation makes one product ... Sevenbergen Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit $ 92 Budgeted unit sales (all on credit): July 9,000 August 11,300 September 10,400 October 10,800 Raw materials requirement per unit of output 4 pounds Raw materials cost $ 1.00 per pound Direct labor requirement per unit of output 2.8 direct...
TB MC Qu. 8-67 Tracle Corporation manufactures and sells women's ... Tracie Corporation manufactures and sells...
TB MC Qu. 8-67 Tracle Corporation manufactures and sells women's ... Tracie Corporation manufactures and sells women's skirts. Each skirt (unit) requires 22 yards of cloth. Selected data from Tracie's master budget for next quarter are shown below: Budgeted sales (in units) Budgeted production (in units) July August September 8,000 10,000 12,000 9,000 11,500 14,000 Each unit requires 0.9 hours of direct labor, and the average hourly cost of Tracie's direct laboris $19. What is the cost of Tracle Corporation's...
TB MC Qu. 8-137 Fuson Corporation makes one product and has ... Fuson Corporation makes one...
TB MC Qu. 8-137 Fuson Corporation makes one product and has ... Fuson Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit $ 118 Budgeted unit sales (all on credit): October 9,600 November 10,100 December 13,700 January 11,300 Raw materials requirement per unit of output 3 pounds Raw materials cost $ 4.00 per pound Direct labor requirement per unit of output...
TB MC Qu. 8-106 Michard Corporation makes one product and ... Michard Corporation makes one product and it provided the...
TB MC Qu. 8-106 Michard Corporation makes one product and ... Michard Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations: The budgeted selling price per unit is $125. Budgeted unit sales for April, May, June, and July are 7,600, 10,500, 13,800, and 12,900 units, respectively. All sales are on credit. Regarding credit sales, 20% are collected in the month of the sale and 80% in...
Caspion Corporation makes and sells a
product called a Miniwarp. One Miniwarp requires 8.5 kilograms of
the raw material Jurislon. Budgeted production of Miniwarps for the
next five months is as follows: August 24,100 units September
22,800 units October 24,200 units November 25,400 units December
25,100 units The company wants to maintain monthly ending
inventories of Jurislon equal to 25% of the following month's
production needs. On July 31, this requirement was not met since
only 12,300 kilograms of Jurislon...
Caspion Corporation makes and
sells a product called a Miniwarp. One Miniwarp requires 2.5
kilograms of the raw material Jurislon. Budgeted production of
Miniwarps for the next five months is as follows: August 23,500
units September 22,200 units October 23,600 units November 24,800
units December 24,500 units The company wants to maintain monthly
ending inventories of Jurislon equal to 25% of the following
month's production needs. On July 31, this requirement was not met
since only 11,700 kilograms of Jurislon...
Caspion Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 8,5 kilograms of the raw material Jurislon, Budgeted production of Miniwarps for the next five months is as follows: August September October November December 23,200 units 21,900 units 23,300 units 24,500 units 24,200 units The company wants to maintain monthly ending inventories of Jurision equal to 20% of the following month's production needs. On July 31, this requirement was not met since only 11,400 kilograms of Jurision...
Dilly Farm Supply is located in a small town in the rural west. Data regarding the store's operations follow: • Sales are budgeted at $303,000 for November, $323,000 for December, and $223,000 for January. • Collections are expected to be 70% in the month of sale and 30% in the month following the sale. • The cost of goods sold is 75% of sales. • The company desires to have an ending merchandise inventory at the end of each month...
TB MC Qu. 8-67 Tracle Corporation manufactures and sells women's ... Tracie Corporation manufactures and sells women's skirts. Each skirt (unit) requires 22 yards of cloth. Selected data from Tracie's master budget for next quarter are shown below: Budgeted sales (in units) Budgeted production (in units) July August September 8,000 10,000 12,000 9,000 11,500 14,000 Each unit requires 0.9 hours of direct labor, and the average hourly cost of Tracie's direct laboris $19. What is the cost of Tracle Corporation's...
Most questions answered within 3 hours.
-
Effect of DCMU and sodium azide on Chlamydomonas? We did an
experiment where we had Chlamydomonas...
asked 12 minutes ago -
1a) According to the ideal gas law, _______________.
a. a gas has infinite volume at absolute...
asked 1 hour ago -
Oakdale Fashions, Inc. had $245,000 in 2018 taxable income.
Using the tax schedule in Table 2.3...
asked 2 hours ago -
The marketing class at CSUS had an average score of 150. An
educational analyst determined that...
asked 3 hours ago -
Justin Case has purchased a $250 000 home by putting 20 % down
and taking out...
asked 3 hours ago -
1. In a labor market, marginal cost for a firm is
____________.
a. recruiting cost
b....
asked 4 hours ago -
On January 1, 2019, ABC Company issued $60,000,000 of 20-year,
10.5% bonds when the market rate...
asked 4 hours ago -
39.4% of US homes continue to use a landline in addition to cell
phone service. 3...
asked 5 hours ago -
Starting with benzene, synthesize 1-phenyl-1-butyne.
Show intermediates and reagents.
asked 6 hours ago -
Create a 32-run crossed array design with six control factors
and two noise factors such that...
asked 6 hours ago -
A 500g sample of sand from source A has the following amounts
retained on each sieve....
asked 7 hours ago -
In
your own words, please explain the essay by John Keynes wrote "The
End of Laissez...
asked 6 hours ago