Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

D Question 4 3 pts A company is working on their budgets for the year 2021. They produce two unique products: Degreaser and Polish. The

image text in transcribed
D Question 4 3 pts A company is working on their budgets for the year 2021. They produce two unique products: Degreaser and Polish. The Degreaser has two Raw Materials: soap and baking soda. The Polish also has two Raw Materials: ketchup and salt. The table below has a few of their expectations for 2021. Expected Finished Goods to Degreaser: 9.432 units produce in 2021 Polish: 32,014 units Raw Materials used in production Soap: 4.2 oz at $0.551 per oz of one unit of Degreaser Baking Soda: 6.0 oz at $0.369 per oz Raw Materials used in production Ketchup: 2.9 oz at $0.556 per pz of one unit of Polish Salt: 6.1 oz at $0.457 per oz Soap: 1,056.2 oz Estimated beginning quantities of Baking Soda: 2.774.9 oz Raw Materials Inventory Ketchup: 37.078.2 oz Salt: 40,864.9 oz Soap: 1,953.5 oz Desired ending quantities of Raw Baking Soda: 2,033.5 oz Materials Inventory Ketchup: 36,094.5 oz Salt: 48,620.1 oz Estimated beginning quantities of Degreaser: 10,726 units Finished Goods Inventory Polish: 20,982 units Desired ending quantities of Degreaser: 12,492 units Finished Goods Inventory Polish: 21.953 units What is the dollar value of budgeted salt purchases? (Round your calculations to a level that makes sense for the situation. Enter your final answer to the nearest whole dollar/input code: 0)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Accounting And Principles Of Financial Accounting

Authors: Belverd E Needles, Marian Powers, Susan V Crosson

12th Edition

1133962459, 9781133962458

More Books

Students also viewed these Accounting questions

Question

What is meant by the term opportunity recognition?

Answered: 1 week ago

Question

7. How can an interpreter influence the utterer (sender)?

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago