Business
Business, 24.05.2020 00:57, mrsclnantambu9794

Suppose Cook Plus manufactures cast iron skillets. One model is a 10-inch skillet that sells for $ 22. Cook Plus projects sales of 650 10-inch skillets per month. The production costs are $ 11 per skillet for direct materials, $ 4 per skillet for direct labor, and $ 6 per skillet for manufacturing overhead. Cook Plus has 75 10-inch skillets in inventory at the beginning of July but wants to have an ending inventory equal to 40% of the next month's sales. Selling and administrative expenses for this product line are $ 1,200 per month. Cook Plus has budgeted cost of goods sold of $ 13,650 for July.
Required:
1. How many 10-inch skillets should Chef Plus produce in July?

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 09:50, winterblanco
phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)
Answers: 3
image
Business, 22.06.2019 09:50, anonymous777739
Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000
Answers: 1
image
Business, 22.06.2019 11:00, PanjiUR9220
What is the correct percentage of texas teachers charged with ethics violations each year?
Answers: 2
image
Business, 22.06.2019 12:10, huangjianhe135
The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)
Answers: 1
Do you know the correct answer?
Suppose Cook Plus manufactures cast iron skillets. One model is a 10-inch skillet that sells for $ 2...

Questions in other subjects: