Homework Answers
| April | May | June | |||
| units to be produced | 3,210 | 3,530 | 3,410 | ||
| ounce per unit | 3 | 3 | 3 | ||
| production needs | 9630 | 10590 | 10230 | ||
| Add ending inventory | 3177 | 3069 | |||
| total needs | 12807 | 13,659 | |||
| less beginning inventory | -3,177 | -3177 | |||
| materials to be purchased | 9630 | 10,482 | |||
| Answer) | $10,482 | oz | |||
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Charm Enterprises' production budget shows the following units to be produced for the coming three months:...
Charm Enterprises' production budget shows the following units to be produced for the coming three months:...
Charm Enterprises' production budget shows the following units to be produced for the coming three months: April May June 2,860 3,180 3,060 Units to be produced A finished unit requires five ounces of a key direct material. The March 31 Raw Materials Inventory has 6,360 ounces (oz.) of the material. Each month's ending Raw Materials Inventory should be 40% of the following month's production needs. Materials purchases in May should be? Multiple Choice 9.780 oz. 15,660 oz. O 22.020 oz....
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in Units 370 410 430 370 Each month's ending Finished Goods Inventory should be 30% of the next month's sales. March 31 Finished Goods inventory is 111 units. A finished unit requires 5 pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 220 pounds of B. Each month's ending Raw Materials Inventory...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sa...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in Units 270 310 330 270 Each month's ending finished goods inventory should be 30% of the next month's sales. March 31 finished goods inventory is 81 units. A finished unit requires 5 pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 230 pounds of B. Each month's ending Raw Materials Inventory...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in Units 390 430 450 390 Each month's ending finished goods inventory should be 30% of the next month's sales. March 31 finished goods inventory is 117 units. A finished unit requires 5 pounds of direct material B at a cost of $3.00 per pound. The March 31 Raw Materials Inventory has 240 pounds of B. Each month's ending Raw Materials Inventory...
16. Cahuilla Corporation predicts the following sales in units for the coming four months: April May...
16. Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in units 320 360 380 320 Each month's ending Finished Goods Inventory in units should be 40% of the next month's sales. March 31 Finished Goods inventory is 128 units. A finished unit requires five pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 280 pounds of direct material B. Each...
Zira Co. reports the following production budget for the next four months. Production (units) April 455...
Zira Co. reports the following production budget for the next four months. Production (units) April 455 May 570 June 560 July 540 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 663 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. ZIRA CO. Direct...
Red Car Enterprise The following production budget for the next four months was provided by Red...
Red Car Enterprise
The following production budget for the next four months was provided by Red Car Enterprises Production (units) April 564 May 605 June 597 July 577 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 846 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget for April,...
Zira Co. reports the following production budget for the next four months. Production (units) April 572...
Zira Co. reports the following production budget for the next four months. Production (units) April 572 May 600 June 606 July 586 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 686 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Zira Co. reports the following production budget for the next four months. Production (units) April 544...
Zira Co. reports the following production budget for the next four months. Production (units) April 544 May 585 June 577 July 557 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 816 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Zira Co. reports the following production budget for the next four months. Production (units) April 714...
Zira Co. reports the following production budget for the next four months. Production (units) April 714 May 755 June 747 July 727 Each finished unit requires six pounds of raw materials and the company wants to end each month with raw materials Inventory equal to 30% of next month's production needs. Beginning raw materials Inventory for April was 1,285 pounds. Assume direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June. (Round your Intermediate...
Charm Enterprises' production budget shows the following units to be produced for the coming three months: April May June 2,860 3,180 3,060 Units to be produced A finished unit requires five ounces of a key direct material. The March 31 Raw Materials Inventory has 6,360 ounces (oz.) of the material. Each month's ending Raw Materials Inventory should be 40% of the following month's production needs. Materials purchases in May should be? Multiple Choice 9.780 oz. 15,660 oz. O 22.020 oz....
Zira Co. reports the following production budget for the next four months. Production (units) April 455 May 570 June 560 July 540 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 663 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. ZIRA CO. Direct...
Red Car Enterprise
The following production budget for the next four months was provided by Red Car Enterprises Production (units) April 564 May 605 June 597 July 577 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 846 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget for April,...
Zira Co. reports the following production budget for the next four months. Production (units) April 572 May 600 June 606 July 586 Each finished unit requires four pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 686 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Zira Co. reports the following production budget for the next four months. Production (units) April 544 May 585 June 577 July 557 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 816 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June. (Round your intermediate...
Zira Co. reports the following production budget for the next four months. Production (units) April 714 May 755 June 747 July 727 Each finished unit requires six pounds of raw materials and the company wants to end each month with raw materials Inventory equal to 30% of next month's production needs. Beginning raw materials Inventory for April was 1,285 pounds. Assume direct materials cost $5 per pound. Prepare a direct materials budget for April, May, and June. (Round your Intermediate...
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