Pasadena Candle Inc. budgeted production of 775,000 candles for the January. Wax is required to produce...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Pasadena Candle Inc. budgeted production of 775,000 candles for the January. Wax is required to produce a candie. Assume 10 ounces of wax is required for each candle. The estimated January 1 wax inventory is 18,800 pounds. The desired January 31 wax inventory is 14,300 pounds. If candle wax costs $2.10 per pound, determine the direct materials purchases budget for January. (Ore pound = 16 ounces.) Round all computed answers to the nearest whole.number. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Pasadena Candle Inc. Direct Materials Purchases Budget For the Month Ending January 31 Pounds of wax required for production: Total units available Total pounds to be purchased Unit price Total direct materials to be purchased in January Pasadena Candle Inc. budgeted production of 775,000 candles for the January. Wax is required to produce a candie. Assume 10 ounces of wax is required for each candle. The estimated January 1 wax inventory is 18,800 pounds. The desired January 31 wax inventory is 14,300 pounds. If candle wax costs $2.10 per pound, determine the direct materials purchases budget for January. (Ore pound = 16 ounces.) Round all computed answers to the nearest whole.number. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Pasadena Candle Inc. Direct Materials Purchases Budget For the Month Ending January 31 Pounds of wax required for production: Total units available Total pounds to be purchased Unit price Total direct materials to be purchased in January
Expert Answer:
Answer rating: 100% (QA)
Pasadena Candle Inc Direct Materials Purchases Budge... View the full answer
Related Book For
Thermodynamics for Engineers
ISBN: ?978-1133112860
1st edition
Authors: Kenneth A. Kroos, Merle C. Potter
Posted Date:
Students also viewed these accounting questions
-
A heat engine is required to produce a) 120 hp, b) 70,000 ft-lbf/s, c) 100 Btu/s by accepting 500 000 Btu/hr from a heat source. How much heat is dumped to the low-temperature reservoir, and what is...
-
A nozzle is required to produce a flow of air at 200 m/s at 20C, 100 kPa. It is estimated that the nozzle has an isentropic efficiency of 92%. What nozzle inlet pressure and temperature is...
-
A nozzle is required to produce a steady stream of R134a at 240 m/s at ambient conditions, 100 kPa 20C. The isentropic efficiency may be assumed to be 90%. Find by trial and error or verify...
-
Label the following as True, False, or Uncertain and explain your choice. (Uncertain means that it can be either true or false depending upon the circumstances.) a. All members of a resource cartel...
-
A developer announced that a new apartment building was to be constructed. To have first chance at a unit in the building, you would have to deposit $250 per room. Each room was called a share of...
-
The following is a random sample taken from the data that represents the time intervals in days between earthquakes that either registered magnitudes greater than 7.5 on the Richter scale or produced...
-
List the people who have a length of 2 from Justin. Use the mathematical modeling graph showing contact tracing for students in a particular class. Hani Luka Javier Nimal Nara Loise Aili Kalina Pasha...
-
Packages-2-Go has two divisions, air express and ground service, that share the common costs of the companys communications network, which are $10,000,000 a year. You have the following information...
-
Needing help with the ones not highlighted in green. Thank you ** Coursehero does not allow excel file uploads. this is the full reference For the Diagram of Average and Marginal Revenue and Average...
-
You have just been hired as a brand manager at Kelsey-White, an American multinational consumer goods company. Recently the firm invested in the development of K-W Vision, a series of systems and...
-
Ellen has maxed out her credit card at $13,500 and vows not make any other credit card purchases. Her credit card company charges 1.24% interest per month, and the minimum monthly payment is still...
-
Discuss the differences between fall protection for regular construction activities and those that are required for connectors in steel erection activities. Describe the requirements of connectors...
-
If contribution analysis is useful in this circumstance, does that mean we can conveniently ignore the allocated costs as not a viable part of a job's cost? What types of costs are being allocated?...
-
Discuss the relationship among quality, value and satisfaction and their roles for developing a long-term relationship with customers. Explain in details.
-
A buyer with a 20-year, $419,000 loan at a 4.25% interest rate has a monthly principal and interest payment totaling $2,594.59. If $1,483.95 is interest, how much is applied toward principal for that...
-
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 44,000 direct labor-hours would be...
-
25x 0 x 38 The equation y 30 x 38 950 x 38 represents Jordan s overtime pay structure Based on this equation after how many hours does Jordan start earning overtime pay A 950 B 25 O C 30 D 38
-
Suppose that the laptop of Prob. 2.16 is placed in an insulating briefcase with a fully charged battery, but it does not go into sleep mode, and the battery discharges as if the laptop were in use....
-
Propane is burned with 100% excess dry air at 25 8C, but only 75% of the fuel is burned in the reaction. Determine the adiabatic flame temperature for this reaction.
-
A mercury differential manometer (see Fig. 1.8) has a h of a) 10 cm b) 28 cm. If air is above the mercury on both sides, what is the difference in pressure in kPa?
-
Air at 140 kPa and 100°C enters the nozzle of Fig. 4.65. It leaves at 100 kPa with a velocity of 400 m/s. Determine the ratio of the exit area to the inlet area. Assume an adiabatic...
-
Talias Tutus bought a new sewing machine for $40,000 that will be depreciated using the MACRS depreciation schedule for a 5-year recovery period. a. Find the depreciation charge each year. b. If the...
-
Sec uses 60 000 tons of salt over a 50-week working year. It costs 100 to order salt and delivery follows two weeks later. Storage costs for the salt are expected to be 0.10 per ton per year. The...
-
Calculate the following values assuming a discount rate of 12 per cent: (a) 500 compounded for five years; (b) the present value of 500 to be received in five years time; (c) the present value of 500...
Study smarter with the SolutionInn App