Answered step by step
Verified Expert Solution
Question
1 Approved Answer
9-5, 9-6) [The following information applies to the questions displayed below.] Vista Electronics, Incorporated, manufactures two different types of coils used in electric motors. In
9-5, 9-6) [The following information applies to the questions displayed below.] Vista Electronics, Incorporated, manufactures two different types of coils used in electric motors. In the fall of the current year, Erica Becker, the controller, compiled the following data. Sales forecast for 20x0 (all units to be shipped in 20x0): Product Units Light coil 50,000 200 Heavy coil 30,000 300 Raw-material prices and inventory levels: . Raw Material Sheet metal Copper wire Platform . Use of raw material: . Expected Inventories, January 1, 20x0 28,000 Pound 25,000 Pound 5,000 units Price $ Raw Material Sheet metal Copper wire Platform Direct-labor requirements and rates: Product Hours per Unit Light coil 3 Heavy coil 5 Finished-goods inventories (in units): Expected January 1, 20x0 15,000 8,500 Product Light coil Heavy coil Production overhead: Amount Used per Unit Light Coil Heavy Coil 3 Pound 4 Pound 1 Pound 2 Pound 2 unit Desired Inventories, December 31, 20x0 Shipping General production overhead Projected sales Total requirements 32,000 Pound 28,000 Pound 6,000 units Rate per Hour Overhead Cost Item Purchasing and material handling Depreciation, utilities, and inspection Production required (units) $ 10 15 Desired December 31, 20x0 20,000 9,500 . Prepare the production budget (in units) for 20x0. R 9-39 (Algo) Part 2: Prepare the production budget... Production Budget (in units) for 20x0 Light Colls Activity-Based Budget Rate Anticipated Purchase Price $ 17 8 4 $ 0.60 $ 5.00 $ 1.00 $ 3.00 per direct-labor hour Heavy Colls per pound of sheet metal and copper wire purchased per coil produced (either type) per coil shipped (either type)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started