Budgeted Direct Materials Cost Per Unit $15.00 Budgeted Direct Manufacturing Labor $10.00 per Unit Budgeted Overall Production Cost per Unit $5.00 This is Next Year's
Budgeted Direct Materials Cost Per Unit $15.00
Budgeted Direct Manufacturing Labor $10.00 per Unit
Budgeted Overall Production Cost per Unit $5.00
This is Next Year's Budgeted Data
Budgeted Selling Price per Unit $20.00
Budgeted Sales in Units 15000 units
Target Finish Inventory at 2500 UNITS
Target Initial Stock of Goods UNITS 1850 units
Target End Direct Materials Inventory at 8500 UNITS
Target Start Direct Material Inventory 6500 UNITS
Note: One unit of direct material is required to make in the production unit.
Solve the following questions with the above data using excel formulas
1. How many should be produced next year?
2. What is the budgeted dollar amount for direct material purchased for the next year?
3. What are the budgeted revenues for the next year?
Step by Step Solution
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Authors: Karen W. Braun, Wendy M. Tietz
3rd edition
132890542, 978-0132890540
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