Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ex. 171 2011 July August September October Budgetary Parning Berry Company marofactures two products (1) Regular and (2) Dehuse. The budgeted unds to De produced
Ex. 171 2011 July August September October Budgetary Parning Berry Company marofactures two products (1) Regular and (2) Dehuse. The budgeted unds to De produced are as follows: Units of Product Regular De 10.000 Total 15.000 6.000 25.000 10.000 9,000 16,000 14.000 23.000 8,000 12.000 20,000 it takes 3 pounds of direct materials to produce the Rogular product and 5 pounds of direct materials to produce the Deluxe product. It is the company's policy to maintain an inventory of direct materinis on hand at the end of each month equal to 30% of the next month's production needs for the Regular product and 20% of the next month's production needs for the Deluxe product. Direct materials inventory on hand at June 30 were 9,000 pounds for the Regular product and 15.000 pounds for the Deluxe product. The cost per pound of materials is $5 Regular and $7 Deluxe Instructions Prepare separate direct materials budgets for each product for the third quarter of 2011 ANA SO Bom AP Di Medum, MX 25. AACSB Anaye. AICPA BA Sector Pengen NICARENCHA
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started