Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Accg2000 management accounting you can find the question in the photo 10:33 pm Sat 23 May @ @ 66% https://ilearn.mc X learn.mq X [Solved] Liquida

Accg2000 management accounting you can find the question in the photo

image text in transcribedimage text in transcribed
10:33 pm Sat 23 May @ @ 66% https://ilearn.mc X learn.mq X [Solved] Liquida X G Liquidators have X + 15 C a ilearn.mq.edu.au . . . Product January 1, 2019 December 31, 2019 D-One 20,000 25,000 D-Two 8,000 9.000 The following direct materials are used in the two products: Amount Used per Unit Direct material Unit D-One D-Two A kilogram 5 B kilogram 2 C each 0 Projected data for 2019 with respect to direct materials are as follows: Direct Anticipated Expected Inventories Target Inventories material Purchase price January 1, 2019 December 31, 2019 A $12 32,000 kg 36,000 kg B 5 29,000 kg 32,000 kg C 3 6,000 units 7,000 units Projected direct labour requirements and rates for 2019 are as follows: Product Hours per unit Rate per hour D-One 2 $12 D- Two 3 16 Based on the preceding projections and budget requirements for D-One and D-Two, prepare the following budgets for 2019 Required: a) Sales budget b) Production budget c) Direct material purchases budget (in quantities) d) Direct material purchases budget (in dollars) e) Direct labour budget (in dollars)10:33 pm Sat 23 May @ @ 66% https://ilearn.mc X learn.mq x [Solved] Liquida X G Liquidators have X + 15 C a ilearn.mq.edu.au . . . 1. Scarborough Corporation manufactures and sells two products: D-One and D-Two. In July 2018, Scarborough budget department gathered the following data to prepare budgets for 2019 2019 Projected Sales: Product Units Price D-One 60,000 $165 D-Two 40,000 $250 2019 Inventories in Units: Expected Target Product January 1, 2019 December 31, 2019 D-One 20,000 25,000 D-Two 8,000 9.000 The following direct materials are used in the two products: Amount Used per Unit Direct material Unit D-One D-Two A kilogram 5 B kilogram 2 w C each 0 Projected data for 2019 with respect to direct materials are as follows: Direct Anticipated Expected Inventories Target Inventories material Purchase price January 1, 2019 December 31, 2019 A $12 32,000 kg 36,000 kg B 5 29,000 kg 32,000 kg C 3 6,000 units 7,000 units Projected direct labour requirements and rates for 2019 are as follows: Product Hours per unit Rate per hour D-One 2 $12 D- Two 3 16

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

Cornerstones of Financial and Managerial Accounting

Authors: Rich Jones, Mowen, Hansen, Heitger

1st Edition

9780538751292, 324787359, 538751290, 978-0324787351

More Books

Students also viewed these Accounting questions

Question

The feeling of boredom.

Answered: 1 week ago