Business, 10.11.2019 07:31, SoccerHalo
Croy inc. has the following projected sales for the next five months: month sales in units april 3,470 may 3,890 june 4,520 july 4,170 august 3,980 croy’s finished goods inventory policy is to have 70 percent of the next month’s sales on hand at the end of each month. direct material costs $3.00 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,764 pounds. required:
1. determine budgeted production for april, may, and june.
2. determine the budgeted cost of materials purchased for april, may, and june.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 17:30, beelcypher
Being an expert problem solver is something you're either born with or not. true or false
Answers: 2
Business, 21.06.2019 23:30, 2936131
Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u. s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?
Answers: 2
Business, 22.06.2019 00:30, juicyx39
Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150
Answers: 1
Do you know the correct answer?
Croy inc. has the following projected sales for the next five months: month sales in units april 3,...
Questions in other subjects:
History, 09.01.2021 17:00
Mathematics, 09.01.2021 17:00
