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Bramble Manufacturing manufactures two products, (1) Regular and (2) Deluxe. The budgeted units to be produced are as follows: t takes 2 pounds of direct
Bramble Manufacturing manufactures two products, (1) Regular and (2) Deluxe. The budgeted units to be produced are as follows: t takes 2 pounds of direct materials to produce the Regular product and 6 pounds of direct materials to produce the Deluxe product. s the company's policy to maintain an inventory of direct materials at the end of each month equal to 30% of the next month's broduction needs for the Regular product and 20% of the next month's production needs for the Deluxe product. Direct materials nventory on hand at June 30 were 7,080 pounds for the Regular product and 18,840 pounds for the Deluxe product. The cost per ound of materials is $5 for the Regular prod and $8 for the Deluxe. Prepare separate direct materials budgets for each product for the third quarter of 2022. BRAMBLEMANUFACTURING Direct Materials Budget-Regular Units to be produced Direct materials per unit Total pounds of direct materials required Budgeted direct materials purchases Budgeted cost of direct materials purchases Beginning direct materials inventory Cost per pound Total pounds needed for production Desired ending direct materials inventory BRAMBLEMANUFACTURING Direct Materials Budget-Deluxe Total pounds of direct materials required Cost per pound Budgeted direct materials purchases Budgeted cost of direct materials purchases Beginning direct materials inventory Total pounds needed for production Direct materials per unit Units to be produced Desired ending direct materials inventory Bramble Manufacturing manufactures two products, (1) Regular and (2) Deluxe. The budgeted units to be produced are as follows: t takes 2 pounds of direct materials to produce the Regular product and 6 pounds of direct materials to produce the Deluxe product. s the company's policy to maintain an inventory of direct materials at the end of each month equal to 30% of the next month's broduction needs for the Regular product and 20% of the next month's production needs for the Deluxe product. Direct materials nventory on hand at June 30 were 7,080 pounds for the Regular product and 18,840 pounds for the Deluxe product. The cost per ound of materials is $5 for the Regular prod and $8 for the Deluxe. Prepare separate direct materials budgets for each product for the third quarter of 2022. BRAMBLEMANUFACTURING Direct Materials Budget-Regular Units to be produced Direct materials per unit Total pounds of direct materials required Budgeted direct materials purchases Budgeted cost of direct materials purchases Beginning direct materials inventory Cost per pound Total pounds needed for production Desired ending direct materials inventory BRAMBLEMANUFACTURING Direct Materials Budget-Deluxe Total pounds of direct materials required Cost per pound Budgeted direct materials purchases Budgeted cost of direct materials purchases Beginning direct materials inventory Total pounds needed for production Direct materials per unit Units to be produced Desired ending direct materials inventory
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