The following information has been prepared for Tom Limited for the six months to 30 September 2011:
Budgeted production levels for product X
Units
April 140
May 280
June 700
July 380
August 300
September 240
Product X uses two units of component A6 and three units of component B9. On 1 April 2011 there were expected to be 100 units of A6 in stock, and 200 units of B9. The desired closing stock levels of each component were as follows:
Month-end 2011 A6 B9
(units) (units)
30 April 110 250
31 May 220 630
30 June 560 340
31 July 300 300
31 August 240 200
30 September 200 180
During the six months to 30 September 2011, component A6 was expected to be purchased at a cost of £5 per unit, and component B9 at a cost of £10 per unit.
Required:
Prepare the following budgets for each of the six months to 30 September 2011:
(a) direct materials usage budget
(b) direct materials purchase budget.
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 16:10, emmaja121003
Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product bold. labor costs will go from $7.91 to $8.41 per unit. in addition, their material costs have fallen from $13.66 to $12.66. assume all period costs as reported on baldwin's income statement remain the same. if baldwin were to pass on half the new costs of labor and half the savings in materials to customers by adjusting the price of their product, how many units of product bold would need to be sold next round to break even on the product?
Answers: 2
Business, 22.06.2019 02:00, 544620
Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?
Answers: 1
Business, 22.06.2019 11:00, nicko10
The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?
Answers: 1
Business, 22.06.2019 11:30, khynia11
Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million
Answers: 3
Do you know the correct answer?
The following information has been prepared for Tom Limited for the six months to 30 September 2011:...
Questions in other subjects:
Biology, 10.03.2020 00:41
Mathematics, 10.03.2020 00:41
Health, 10.03.2020 00:41
