Business
Business, 26.07.2019 02:30, lxlie2315

Prepare a direct materials budget. (round your answers to the nearest whole dollar.) damon manufacturing direct materials budget for the quarter ended march 31 month january february march quarter units to be produced 9791 9900 9200 2800 multiply by: quantity (pounds) of dm needed per unit 2 2 2 2 quantity (pounds) needed for production 19582 19800 18400 5600 plus: desired ending inventory of dm 3960 3680 total quantity (pounds) needed 23542 23480 less: beginning inventory of dm quantity (pounds) to purchase multiply by: cost per pound total cost of dm purchases

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Business, 22.06.2019 03:40, Jackson4568
Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
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Business, 15.10.2019 20:10, swaggg8300
Trevor inc. manufactures model airplane kits and projects production at 150, 530, 300, and 750 kits for the next four quarters.manufacturing information: direct materials are 4 ounces of plastic per kit and the plastic costs $2 per ounce. indirect materials are considered insignificant and are not included in the budgeting process. beginning raw materials inventory is 900 ounces, and the company desires to end each quarter with 30% of the materials needed for the next quarter's production. trevor desires a balance of 260 ounces in raw materials inventory at the end of the fourth quarter. each kit requires0.50hours of direct labor at an average cost of $30 per hour. manufacturing overhead is allocated using direct labor hours as the allocation base. variable overhead is $0.25 per-kit, and fixed overhead is $150 per quarter.prepare trevor 's direct materials budget, direct labor budget, and manufacturing overhead budget for the year. round the direct labor hours needed for production, budgeted overhead costs, and predetermined overhead allocation rate to two decimal places. round other amounts to the nearest whole number.begin by preparing trevor 's direct materials budget.
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Business, 30.10.2019 01:31, trist22
Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 1 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 18 per hour oceanside produced 4 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 000 pounds of direct materials and actual total materials costs were $ 102 comma 900. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
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