Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

0.67 6f 2 pts 8 of 8 (8 HW Score: 86.67%, 8.67 of 10 pts S9-6 (similar to) Question Help The Bakery at the Lake

image text in transcribed
image text in transcribed
0.67 6f 2 pts 8 of 8 (8 HW Score: 86.67%, 8.67 of 10 pts S9-6 (similar to) Question Help The Bakery at the Lake produces organic bread that is sold by the loaf. Each loaf requires 1/2 of a pound of flour. expects to produce the following number of loaves in each of the The bakery pays $3.00 per pound of the organic flour used in its loaves. The bakery upcoming four Click the icon to view the units to be produced) The has a policy that it will have 10% of the following month's flour needs on hand at the end of each month. At the end of June, there were 79 pounds of flour on hand. Prepare the direct materiais budget for the third quarter, with a column for each month and for the quarter Units to be produced Multiply by: Pounds of flour needed per unit Quantity needed (Ibs) for production 1,900 0.50 950 1,580 1,720 0.50 5,200 0.50 860 2.800 75 2,675 0.50 Total quantit (Ibs) needed Less: Beginning inventory of direct materials Quantity (bs) to purchase Multiply by Cost per pound Total cost of direct material purchases 1,036 158 3.00 S 3.00 3.00 3.00 7.551 MacBook 4 6 8 9 2 3 8 of 8 (8 complete) sold by the loaf. Each loaf requires 1/2 of a pound of flour. The bakery pays $3.00 per po ach of the upcoming four months wing month's flou of June, there wer month andData Table andi Data Table Juny 1,580 0.50 790 95 885 158 727 3.00 2,181 July Print Done eck Answer. Clear All MacBook

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accountants Guide To Fraud Detection And Control

Authors: Howard R. Davia, Patrick C. Coggins, John C. Wideman, Joseph T. Kastantin

2nd Edition

0471353787, 9780471353782

More Books

Students also viewed these Accounting questions

Question

How will these issues affect the grade levels you will teach?

Answered: 1 week ago