Butler Manufacturing manufactures two products, (1) Regular and (2) Deluxe. The budgeted units to be produced are as follows:
Units of Product
2022
Regular
Deluxe
Total
July
10,000
15,000
25,000
August
6,000
10,000
16,000
September
9,000
14,000
23,000
October
8,000
12,000
20,000
It takes 2 pounds of direct materials to produce the Regular product and 5 pounds of direct materials to produce the Deluxe product. It is the company's policy to maintain an inventory of direct materials on hand at the end of each month equal to 30% of the next month's production needs for the Regular product and 20% of the next month's production needs for the Deluxe product. Direct materials inventory on hand at June 30 were 6,000 pounds for the Regular product and 15,000 pounds for the Deluxe product. The cost per pound of materials is $5 Regular and $8 Deluxe.
Prepare separate direct materials budgets for each product for the third quarter of 2022.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 21:00, lathwkuster
Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.
Answers: 1
Business, 22.06.2019 22:20, jaylaa04
Which of the following best explains why the demand for housing is more flexible than the supply? a. new housing developments are being constructed all the time. b. low interest rates for mortgages make buying a home very affordable. c. the increasing population always drives demand upwards. d. people can move more easily than producers can build new homes.
Answers: 1
Business, 23.06.2019 00:00, AaronMicrosoft15
Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?
Answers: 3
Do you know the correct answer?
Butler Manufacturing manufactures two products, (1) Regular and (2) Deluxe. The budgeted units to be...
Questions in other subjects:
Social Studies, 19.07.2019 12:00
Physics, 19.07.2019 12:00
Geography, 19.07.2019 12:00
Mathematics, 19.07.2019 12:00
English, 19.07.2019 12:00
Mathematics, 19.07.2019 12:00
Mathematics, 19.07.2019 12:00
