Question
1A-Pasadena Candle Inc. projected sales of 39,000 candles for January. The estimated January 1 inventory is 2,700 units, and the desired January 31 inventory is
1A-Pasadena Candle Inc. projected sales of 39,000 candles for January. The estimated January 1 inventory is 2,700 units, and the desired January 31 inventory is 4,000 units.
Prepare a production budget report in units for Pasadena Candle Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
2B-Pasadena Candle Inc. budgeted production of 760,000 candles for the January. Wax is required to produce a candle. Assume 14 ounces of wax is required for each candle. The estimated January 1 wax inventory is 17,700 pounds. The desired January 31 wax inventory is 13,700 pounds. If candle wax costs $1.40 per pound, determine the direct materials purchases budget for January. (One 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.
Production Budget Pasadena Candle Inc. projected sales of 39,000 candles for January. The estimated January 1 inventory is 2,700 units, and the desired January 31 inventory is 4,000 units. Prepare a production budget report in units for Pasadena Candle Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Pasadena Candle Inc. Production Budget For the Month Ending January 31 Expected units to be sold Desired ending inventory, January 31 Total units available Estimated beginning inventory, January 1 Total units to be produced in January Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 760,000 candles for the January. Wax is required to produce a candle. Assume 14 ounces of wax is required for each candle. The estimated January 1 wax inventory is 17,700 pounds. The desired January 31 wax inventory is 13,700 pounds. If candle wax costs $1.40 per pound, determine the direct materials purchases budget for January. (One 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: Candles Desired ending inventory, January 31 Total units available Estimated beginning inventory, January 1 Total pounds to be purchased Unit price Total direct materials to be purchased in JanuaryStep by Step Solution
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