Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1: If you are a sugar producer, A.Sh. in order to make the budgets for the year 2020, the 2019 it will analyze its costs

1: If you are a sugar producer, A.Sh. in order to make the budgets for the year 2020, the 2019 it will analyze its costs based on the realized activity volumes for the last 6 months. In the enterprise One of the resources used is indirect materials. regarding the last 6 months of 2019 indirect material costs are as follows in the table given below: Indirect Material The Cost Production Quantity YEAR 2019 (ton) (TL/Month). July 32.000 322.000 August 35.000 295.000 September 31.000 290.500 October 27.000 249.600 November 28.000 242.500 December 25.000 245.000 wishlist a) Indirect material cost with the volume of activity using the "Highest and Lowest Volumes Technique" create a monthly and annual total cost function that reflects the relationship between Dec. b) Considering that the enterprise plans to produce 350,000 tons of sugar in 2020, this activity calculate the amount of indirect material cost budget that should be allocated for its volume

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

More Books

Students also viewed these Accounting questions