Bra ci 23- Perne Company has 42nd o n December 2016 inginer cured production for any...
Perine Company has 3,432 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,290 and 5,750 units, respectively. 4 pounds of raw materials are needed for each unit, and the estimated cost per pound is $7. Management desires an ending inventory equal to 20% of next month's materials requirements. Prepare the direct materials budget for January. (Round intermediate calculations and final answer to 0 decimal places, e.g. 5,275.) PERINE...
Perine Company has 1,640 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,100 and 5,600 units, respectively. 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is $6. Management desires an ending inventory equal to 20% of next month's materials requirements. Prepare the direct materials budget for January. PERINE COMPANY Direct Materials Budget T Units to be produced 4100 T Total...
Perine Company has 2,376
pounds of raw materials in its December 31, 2016, ending inventory.
Required production for January and February of 2017 are 4,570 and
6,030 units, respectively. 2 pounds of raw materials are needed for
each unit, and the estimated cost per pound is $9. Management
desires an ending inventory equal to 26% of next month’s materials
requirements. Prepare the direct materials budget for January.
(Round intermediate calculations and final answer to 0 decimal
places, e.g. 5,275.)
Prepare...
Perine Company has 2,376 pounds
of raw materials in its December 31, 2016, ending inventory.
Required production for January and February of 2017 are 4,570 and
6,030 units, respectively. 2 pounds of raw materials are needed for
each unit, and the estimated cost per pound is $9. Management
desires an ending inventory equal to 26% of next month’s materials
requirements. Prepare the direct materials budget for January.
Perine Company has 2,376 pounds of raw materials in its December 31, 2016,...
Perine Company has 4,484 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,270 and 5,890 units, respectively. 5 pounds of raw materials are needed for each unit, and the estimated cost per pound is $7. Management desires an ending inventory equal to 21% of next month's materials requirements. Prepare the direct materials budget for January. (Round intermediate calculations and final answer to O decimal places, e.g. 5,275.) PERINE...
Current Attempt in Progress Perine Company has 2016 pounds of raw materials in its December 31, 2019, ending inventory Required production for January and February of 2020 are 4.200 and 5,800 units, respectively. 2 pounds of raw materials are needed for each unit, and the estimated cost per pound is $8. Management desires an ending inventory equal to 24% of next month's materials requirements Prepare the direct materials budget for January PERINE COMPANY Direct Materials Budget
Brief Exercise 21-4 Your answer is partially correct. Try again. Perine Company has 2,983 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and February of 2017 are 4,520 and 5,720 units, respectively. 3 pounds of raw materials are needed for each unit, and the estimated cost per pound is $8. Management desires an ending inventory equal to 22% of next month's materials requirements. Prepare the direct materials budget for January. (Round intermediate calculations...
DeWitt Industries has adopted the following production budget for the first 4 months of 2020. Month Units Month Units 5,490 10,470 March January 8,260 April 4,450 February Each unit requires 5 pounds of raw materials costing $2 per pound. On December 31, 2019, the ending raw materials inventory was 10,470 pounds. Management wants to have a raw materials inventory at the end of the month equal to 20% of next month's production requirements. Prepare a direct materials purchases budget by...
Perine Company has 3,440 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,300 and 5,800 units, respectively. 4 pounds of raw materials are needed for each unit, and the estimated cost per pound is $7. Management desires an ending inventory equal to 20% of next month's materials requirements. Prepare the direct materials budget for January. PERINE COMPANY Direct Materials Budget Question Attempts: o of 3 used
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Perine Company has 2,838 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,300 and 5,800 units, respectively. 3 pounds of raw materials are needed for each unit, and the estimated cost per pound is $8. Management desires an ending inventory equal to 22% of next month's materials requirements. Prepare the direct materials budget for January. PERINE COMPANY Direct Materials Budget For the Month Ending January...