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can someone help me with this ? Can someone help me solve this please Current Designs Kayak Company Production Cost Data Standared costing for raw
can someone help me with this ?
Can someone help me solve this please
Current Designs Kayak Company Production Cost Data Standared costing for raw materials and labor \begin{tabular}{lrrrr} Standard Quantities & Composite & & Rotomold & \\ \cline { 2 - 3 } Polyethylene powder & 60 & 59 & pounds \\ Finishing kit & 1.00 & 1.00 & each \\ Type l labor & 2.10 & & 1.80 hours \\ Type ll labor & 2.96 & 2.20 hours \end{tabular} Standard Costs PolyethylenepowderFinishingkitsTypellaborrateTypelllaborrate$$$$3.00185.0019.0014.00$$$$3.00155.0016.0011.00perpoundperkayakperhourperhour Expected unit sales Number of composite kayaks Number of rotomolded kayaks Inventory Requirements Polyethelene 25% of amount required for production in the next quarter Finished goods 20% of projected sales for next quarter Finish kits 10% of amount required for production in the next quarter Cash collections and disbursements All sales are made on account. 50%6 collected in the quarter sold, the balance is collected in the following quarter Expenses are paid: 80%6 in the quarter they are incurred, 20%6 in the following quartert Percentage of completion at end of period For composite kayaks For rotomolded kayaks Current Designs Kayak Company Production Budget Current Designs Kayak Company Direct materials BudgetStep by Step Solution
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