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(c) Compute the target selling price for R2-D2. (d) Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 80,000 R2-D2s are produced sold during the year. T! : Bolivar Farm Supply Company manufactures and sells a fertilizer called Basic II. Prepare budgeted inca The following data are available for preparing budgets for Basic II for the first 2 quarters of statement and suppor 2017. budgets. (LO 1,2,3) 1. Sales: Quarter 1,40,000 bags; quarter...
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P24.1A (LO 2, 3) Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2020. 1. Sales: quarter 1, 40,000 bags; quarter 2, 56,000 bags. Selling price is $60 per bag. 2. Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $3.80 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desired inventory levels:...
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Cook Farm Supply Company
manufactures and sells a pesticide called Snare. The following data
are available for preparing budgets for Snare for the first 2
quarters of 2017. 1. Sales: quarter 1, 29,500 bags; quarter 2,
43,900 bags. Selling price is $63 per bag. 2. Direct materials:
each bag of Snare requires 5 pounds of Gumm at a cost of $3.8 per
pound and 6 pounds of Tarr at $1.75 per pound. 3. Desired inventory
levels: Type of Inventory January...
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Cook Farm Supply Company manufactures and sells a pesticide
called Snare. The following data are available for preparing
budgets for Snare for the first 2 quarters of 2017.
1.
Sales: quarter 1, 28,400 bags; quarter 2, 42,200 bags. Selling
price is $62 per bag.
2.
Direct materials: each bag of Snare requires 5 pounds of Gumm
at a cost of $3.8 per pound and 6 pounds of Tarr at $1.50 per
pound.
3.
Desired inventory levels:
Type of Inventory
January...
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Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2020. 1. Sales: quarter 1, 28,600 bags: quarter 2,42,600 bags. Selling price is $63 per bag. 2. Direct materials: cach bag of Snare requires 5 pounds of Gumm at a cost of $3.80 per pound and 6 pounds of Tarrat $1.75 per pound. 3. Desired inventory levels: Type of Inventory Snare (bags) Gumm...
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Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2017. 1. Sales: quarter 1, 28,600 bags; quarter 2, 43,400 bags. Selling price is $62 per bag. 2. Direct materials: each bag of Snare requires 5 pounds of Gumm at a cost of $3.8 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desired inventory levels: Type of Inventory January...
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Cook Farm Supply Company manufactures and sells a pesticide
called Snare. The following data are available for preparing
budgets for Snare for the first 2 quarters of 2020.
1.
Sales: quarter 1, 29,800 bags; quarter 2, 43,800 bags. Selling
price is $63 per bag.
2.
Direct materials: each bag of Snare requires 4 pounds of Gumm
at a cost of $3.80 per pound and 6 pounds of Tarr at $1.75 per
pound.
3.
Desired inventory levels:
Type of Inventory
January...
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Cook Farm Supply Company manufactures and sells a pesticide
called Snare. The following data are available for preparing
budgets for Snare for the first 2 quarters of 2017.
Your assistant has prepared two budgets: (1) the manufacturing
overhead budget shows expected costs to be 125% of direct labor
cost, and (2) the direct materials budget for Tarr shows the cost
of Tarr purchases to be $300,000 in quarter 1 and $423,500 in
quarter 2.
Current Attempt in ProgresS Cook Farm...
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Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2017. 1. Sales: quarter 1, 28,600 bags; quarter 2,43,400 bags. Selling price is $62 per bag. 2. Direct materials: each bag of Snare requires 5 pounds of Gumm at a cost of $3.8 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desired inventory levels: Type of Inventory January 1...
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Problem 9-1A (Part Level Submission) Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2017 1. Sales: quarter 1, 29,800 bags; quarter 2, 43,700 bags. Selling price is $63 per bag 2. Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $3.8 per pound and 6 pounds of Tarr at $1.75 per pound 3. Desired inventory...
(c) Compute the target selling price for R2-D2. (d) Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 80,000 R2-D2s are produced sold during the year. T! : Bolivar Farm Supply Company manufactures and sells a fertilizer called Basic II. Prepare budgeted inca The following data are available for preparing budgets for Basic II for the first 2 quarters of statement and suppor 2017. budgets. (LO 1,2,3) 1. Sales: Quarter 1,40,000 bags; quarter...
P24.1A (LO 2, 3) Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2020. 1. Sales: quarter 1, 40,000 bags; quarter 2, 56,000 bags. Selling price is $60 per bag. 2. Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $3.80 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desired inventory levels:...
Cook Farm Supply Company
manufactures and sells a pesticide called Snare. The following data
are available for preparing budgets for Snare for the first 2
quarters of 2017. 1. Sales: quarter 1, 29,500 bags; quarter 2,
43,900 bags. Selling price is $63 per bag. 2. Direct materials:
each bag of Snare requires 5 pounds of Gumm at a cost of $3.8 per
pound and 6 pounds of Tarr at $1.75 per pound. 3. Desired inventory
levels: Type of Inventory January...
Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2020. 1. Sales: quarter 1, 28,600 bags: quarter 2,42,600 bags. Selling price is $63 per bag. 2. Direct materials: cach bag of Snare requires 5 pounds of Gumm at a cost of $3.80 per pound and 6 pounds of Tarrat $1.75 per pound. 3. Desired inventory levels: Type of Inventory Snare (bags) Gumm...
Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2017. 1. Sales: quarter 1, 28,600 bags; quarter 2, 43,400 bags. Selling price is $62 per bag. 2. Direct materials: each bag of Snare requires 5 pounds of Gumm at a cost of $3.8 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desired inventory levels: Type of Inventory January...
Cook Farm Supply Company manufactures and sells a pesticide
called Snare. The following data are available for preparing
budgets for Snare for the first 2 quarters of 2017.
Your assistant has prepared two budgets: (1) the manufacturing
overhead budget shows expected costs to be 125% of direct labor
cost, and (2) the direct materials budget for Tarr shows the cost
of Tarr purchases to be $300,000 in quarter 1 and $423,500 in
quarter 2.
Current Attempt in ProgresS Cook Farm...
Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2017. 1. Sales: quarter 1, 28,600 bags; quarter 2,43,400 bags. Selling price is $62 per bag. 2. Direct materials: each bag of Snare requires 5 pounds of Gumm at a cost of $3.8 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desired inventory levels: Type of Inventory January 1...
Problem 9-1A (Part Level Submission) Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2017 1. Sales: quarter 1, 29,800 bags; quarter 2, 43,700 bags. Selling price is $63 per bag 2. Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $3.8 per pound and 6 pounds of Tarr at $1.75 per pound 3. Desired inventory...