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Columbia Breads produces organic bread that is sold by the loaf. Each loaf requires 0.5 kg of four. The company pays $3.30 per kilogram
Columbia Breads produces organic bread that is sold by the loaf. Each loaf requires 0.5 kg of four. The company pays $3.30 per kilogram of the organic flour used in its loaves Columbia Breads expects to produce the following number of loaves in each of the upcoming four months (Click the icon to view the units to be produced.) The company's policy is to have 10% of the following month's flour needs on hand at the end of each month. At the end of June, there were 120 kg of flour on hand. Prepare the direct materials budget for the third quarter, with a column for each month and for the quarter. Data table Kilograms of flour needed per unit 0.5 Quantity needed (kg) for production 730 July... 1460 loaves Plus: Desired ending inventory of direct materials August 1,800 loaves Total quantity (kg) needed September. 1,740 loaves Less: Beginning inventory of direct materials October 1,400 loaves Quantity (kg) to purchase Cost per kilogram Total cost of direct material purchases Print Done - X For the Months of July through September July August September Quarter O Units to be produced 1460 1880 1740 1460 Kilograms of flour needed per unit 0,5 0.5 0.5 0.5 Quantity needed (kg) for production 730 940 870 730 Plus: Desired ending inventory of direct materials Total quantity (kg) needed Less: Beginning inventory of direct materials Quantity (kg) to purchase Cost per kilogram Total cost of direct material purchases C
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