Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

54. Production and sales data estimates for June are as follows: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units)

image text in transcribed

54. Production and sales data estimates for June are as follows: Estimated inventory (units), June 1 Desired inventory (units), June 30 Expected sales volume (units) 8,000 9,000 Midwest East South 3,000 4,000 5,500 $20 Unit sales price The number of units expected to be manufactured in June is a. 11,000 b. 12,500 c. 13,500 d. 10,000 55. Production estimates for August are as follows: Estimated inventory (units), August 1 Desired inventory (units), August 31 Expected sales volume (units), August 12,000 9,000 75,000 For each unit produced, the direct materials requirements are as follows: Direct Material A ($5 per lb.) Direct Material B ($18 per lb.) 3 lbs. 4 lb. The total direct materials purchases of Material A and Material B required for August production is a. b. c. d. $1,080,000 for Material A; $1,296,000 for Material B $1,125,000 for Material A; $$675,000 for Material B $1,170,000 for Material A; $702,000 for Material B $1,080,000 for Material A; $648,000 for Material B

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_2

Step: 3

blur-text-image_3

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

Question

3. Evaluate your listeners and tailor your speech to them

Answered: 1 week ago