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Assume each unit of production requires 8 pounds of material (based on the Production Budget - Question #10) and management wants on hand at the
Assume each unit of production requires 8 pounds of material (based on the Production Budget - Question \#10) and management wants on hand at the end of each month, 5% of the following month's production. On September 30 , there are 15,000 pounds of material on hand. Use the Production Budget to determine the number of pounds of material that must be purchased for December. Based on the data (Question \#11), assume: materials costs $0.65 per pound and 40% of the month's purchase is paid for in the month purchased and, the balance paid the following month. September's accounts payable is $15,000. Using the material's data, calculate total cash disbursement for the quarter Do not include a dollar sign or comma in your answer. Hint: your answer will be some amount of dollars and 50 cents. Using the information below, determine the Required Production - Units for December. Production Budget Desired Ending Inventory =15% of the next month's budgeted sales September Ending Inventory =6,000 January Sales =$75,000 Budgeted Sales Add: Desired Ending Inventory Total Needs Less: Beginning Inventory Required Production - units Do not include a comma in your answer Assume each unit of production requires 8 pounds of material (based on the Production Budget - Question \#10) and management wants on hand at the end of each month, 5% of the following month's production. On September 30 , there are 15,000 pounds of material on hand. Use the Production Budget to determine the number of pounds of material that must be purchased for December. Based on the data (Question \#11), assume: materials costs $0.65 per pound and 40% of the month's purchase is paid for in the month purchased and, the balance paid the following month. September's accounts payable is $15,000. Using the material's data, calculate total cash disbursement for the quarter Do not include a dollar sign or comma in your answer. Hint: your answer will be some amount of dollars and 50 cents. Using the information below, determine the Required Production - Units for December. Production Budget Desired Ending Inventory =15% of the next month's budgeted sales September Ending Inventory =6,000 January Sales =$75,000 Budgeted Sales Add: Desired Ending Inventory Total Needs Less: Beginning Inventory Required Production - units Do not include a comma in your
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