MC TOOLS makes hammers. The requirements to make 1 hammer are:
Materials .5 pounds at a cost of $9 per pound
Labor 15 minutes per hammer at a cost of $10 per hours
Variable Overhead is assigned at 25% of labor and fixed overhead is $140,000 monthly
MC TOOLS sales in March were 500,000 units
Projected Sales are:
An increase of 1% in April (from march sales)
May sales projection are 510,000 units
MC TOOLS finished goods inventory policy is to keep in inventory 40% of next month sales. Actual inventory is 190,000 units. MC TOOLS raw materials inventory policy is to keep in inventory 50% of next month production. Actual inventory is 260,000 pounds. May production is expected to be 510,000 units

REQUIRED:
CALCULATE DIRECT MATERIALS COST IN APRIL

$1,143,000

Explanation:

materials per hammer = $9 x 0.5 pounds = $4.50

units sold during March = 500,000

units sold during April = 500,000 x 101% = 505,000

May's sales = 510,000

beginning inventory of finished goods in April = 190,000

beginning inventory of raw materials in April = 260,000

production schedule for April:

budgeted sales = 505,000

- beginning inventory = -190,000

+ desired ending inventory = 510,000 x 40% = 204,000

units to be produced during April = 519,000

materials required during April:

scheduled production = 519,000 hammers

raw materials required = 259,500 pounds

- beginning inventory = -260,000 pounds

+ desired ending inventory = 510,000 x 0.5 x 50% = 127,500 pounds

raw materials purchases 127,000 pounds

price per pound $9

raw materials expenditures during April = $1,143,000

b $274.07

step-by-step explanation:

you just devide 222 by 0.81

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.