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can you help me undertand this concept? Thank you!! - Raw-material inventories are planned so that each raw material's projected inventory at the beginning of

can you help me undertand this concept? Thank you!!
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- Raw-material inventories are planned so that each raw material's projected inventory at the beginning of a year is equal to 15 percent of the previous year's usage of that raw material. The conversion requirements in hours per gallon for the three products are Yarex, 0.06 hour; Darol, 0.09 hour; and Norex, 0.15 hour. The conversion cost of $20 per hour is considered 100 percent variable. Required: 1. Determine Empire Polymer Development's production budget (in gallons) for the three products for 202. 2. Determine Empire Polymer Development's conversion cost budget for 202. 3. Assuming the 201 usage of Islin is 300,000 gallons, determine the company's raw-material purchases budget (in dollars) for Islin for 202. 4-a. Assume that for 202 production, Empire Polymer Development's could replace the raw material islin with the raw material Philin. The usage of Philin would be the same as the usage of Islin. However. Philin would cost 20 percent more than Islin and would cut production times on all three products by 10 percent. Compare cost of using Phillin over using Islin. 4-b. Which raw material should the management use for the 202 production? Complete this question by entering your answers in the tabs below. Assuming the 20x1 usage of Islin is 300,000 gallons, determine the company's raw-material purchases budget (in dollars) for Isin for 202. - Raw-material inventories are planned so that each raw material's projected inventory at the beginning of a year is equal to percent of the previous year's usage of that raw material. The conversion requirements in hours per gallon for the three products are Yarex, 0.06 hour; Darol, 0.09 hour; and Norex, 0.15 The conversion cost of $20 per hour is considered 100 percent variable. Required: 1. Determine Empire Polymer Development's production budget (in gallons) for the three products for 202. 2. Determine Empire Polymer Development's conversion cost budget for 202. 3. Assuming the 201 usage of Islin is 300,000 gallons, determine the company's raw-material purchases budget (in dollars) for 202. 4-a. Assume that for 202 production, Empire Polymer Development's could replace the raw material Islin with the raw material The usage of Philin would be the same as the usage of Islin. However, Philin would cost 20 percent more than Islin and would cut production times on all three products by 10 percent. Compare cost of using Philin over using islin. 4.b. Which raw material should the management use for the 202 production? Complete this question by entering your answers in the tabs below. Determine Empire Polymer Development's production budget (in gallons) for the three products for 202. - Raw-material inventories are planned so that each raw material's projected inventory at the beginning of a year is equal to percent of the previous year's usage of that raw material. The conversion requirements in hours per gallon for the three products are Yarex, 0.06 hour; Darol, 0.09 hour; and Norex, 0.15 The conversion cost of $20 per hour is considered 100 percent variable. Required: 1. Determine Empire Polymer Development's production budget (in gallons) for the three products for 202. 2. Determine Empire Polymer Development's conversion cost budget for 202. 3. Assuming the 20x1 usage of Islin is 300,000 gallons, determine the company's raw-material purchases budget (in dollars) for 202 4-a. Assume that for 202 production, Empire Polymer Development's could replace the raw material Islin with the raw material The usage of Philin would be the same as the usage of Islin. However, Philin would cost 20 percent more than Islin and would production times on all three products by 10 percent. Compare cost of using Philin over using Islin. 4.b. Which raw material should the management use for the 202 production? Complete this question by entering your answers in the tabs below. Assume that for 202 production, Empire Polymer Development could replace the raw material Islin with the raw material Philin. The usage of Philin would be the same as the usage of Islin. However, Philin would cost 20 percent more than Islin and would cut production times on all three products by 10 oercent. Compare cost of using Philin over using Islin. - Raw-material inventories are planned so that each raw material's projected inventory at the beginning of a year is percent of the previous year's usage of that raw material. The conversion requirements in hours per gallon for the three products are Yarex, 0.06 hour; Darol, 0.09 hour; and No The conversion cost of $20 per hour is considered 100 percent variable. Required: 1. Determine Empire Polymer Development's production budget (in gallons) for the three products for 202. 2. Determine Empire Polymer Development's conversion cost budget for 202. 3. Assuming the 201 usage of Islin is 300,000 gallons, determine the company's raw-material purchases budget (in do 202 4-a. Assume that for 202 production, Empire Polymer Development's could replace the raw material Islin with the raw The usage of Philin would be the same as the usage of Islin. However, Philin would cost 20 percent more than Islin and production times on all three products by 10 percent. Compare cost of using Philin over using Islin. 4.b. Which raw material should the management use for the 202 production? Complete this question by entering your answers in the tabs below. Determine Empire Chemical Company's conversion cost budget for 202. Empire Polymer Development produces three products using three different continuous processes. The products are Yarex, Darol, and Norex. Projected sales in gallons for the three products for the years 202 and 203 are as follows: - Inventories are planned for each product so that the projected finished-goods inventory ot the beginning of each year is equal to 6 percent of that year's projected sales. - Because of the continuous nature of Empire's processes, work-in-process inventory for each of the products remains constant throughout the year. - The raw-materlal requirements of the three products are shown in the following chart: - Raw-material inventories are planned so that each raw material's projected inventory at the beginning of a year is equal to 15 percent of the previous year's usage of that raw material. The conversion requirements in hours per gallon for the three products are Yarex, 0.06 hour; Darol, 0.09 hour, and Norex, 0.15 hour. The conversion cost of $20 per hour is considered 100 percent variable. Required: 1. Determine Empire Polymer Development's production budget (in gallons) for the three products for 202. 2. Determine Empire Polymer Development's conversion cost budget for 202 3. Assuming the 201 usage of Islin is 300,000 gallons, determine the company's raw-material purchases budget (in dollars) for islin for 202 4-a. Assume that for 202 production, Empire Polymer Development's could replace the raw material islin with the raw material Philin. The usage of Philin would be the same as the usage of islin. However, Philin would cost 20 percent more than islin and would cut production times on all three products by 10 percent. Compare cost of using Philin over using islin. - Raw-material inventories are planned so that each raw material's projected inventory at the beginning of a year is equal percent of the previous year's usage of that raw material. The conversion requirements in hours per gallon for the three products are Yarex, 0.06 hour; Darol, 0.09 hour; and Norex, 0 The conversion cost of $20 per hour is considered 100 percent variable. Required: 1. Determine Empire Polymer Development's production budget (in gallons) for the three products for 202. 2. Determine Empire Polymer Development's conversion cost budget for 202. 3. Assuming the 201 usage of Islin is 300,000 gallons, determine the company's raw-material purchases budget (in dollars) fo 202. 4-a. Assume that for 202 production, Empire Polymer Development's could replace the raw material Islin with the raw materia The usage of Philin would be the same as the usage of Islin. However, Philin would cost 20 percent more than Islin and would production times on all three products by 10 percent. Compore cost of using Philin over using islin. 4-b. Which raw material should the management use for the 202 production? Complete this question by entering your answers in the tabs below. Which raw material should the management use for the 202 production

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