Soft and Silky, Inc. manufactures bedding sets. The budgeted production is for 53,000 comforters in 2017. Each comforter requires 6 yards of material. The estimated January 1, 2017, beginning inventory is 31,000 yards. The desired ending balance is 30,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for 2017. a.$475,500 b.$385,500 c.$478,500 d.$477,000

Answer

Material purchase budget ($)= $475,500

Explanation:

The material purchases budget is determined by adding the the closing stock of materials to the material usage budget and subtracting the opening inventory of materials.

Material purchase budget= Material usage budget + closing inventory - opening inventory

Material usage budget = Production budget × standard quantity per unit

                                   = 53,00 ×  6 yards =  318,000

Material purchase budget(quantity) = 318000 +  30,000 -   31,000 = 317,000

Material purchase budget ($)  = Material purchase budget (in quantity) × standard price

                                        = 317,000× $1.50 = $475,500

Material purchase budget ($)= $475,500

answer; /// the correct answer is (shared); /// good luck

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.