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Im creating a master budget for an assignment. I'm currently preparing a direct materials budget, my question is, do i have to create one for
Im creating a master budget for an assignment. I'm currently preparing a direct materials budget, my question is, do i have to create one for every single raw material involved in my product? or is their a way to combine them all itemised in one budget. i have 4 pieces of raw material for a product. here is an example of a budget they are expecting in this example its only whole products.
V Slide 1 Homework Hel X X Subject: 2022-/ X 59acb90166d02 X X Week 4 Workb X ProQuest Eboo X How to Prepare X + -) C ebookcentral-proquest-com.ez.library.latrobe.edu.au/lib/latrobe/reader.action?docID=6695916&ppg=277 i Apps M Gmail YouTube Maps La Trobe University:.. @ Online Event Page |... Reading list m ProQuest Home Search Bookshelf Settings ? Sign Out Ebook Central PDF Page 271 of 898 Chapter 1: Introduction to managerial accounting > > 2 Beach Burrito Company - T-shirt Division Direct Materials Purchases Budget Chapter 2: Basic managerial accounting concepts for the year ended 31 December 2017 Plain T-Shirts Quarter 1 2 3 4 Year Chapter 3: Cost behaviour Units to be produced 1 060 1 260 1 600 1 800 5 720 Direct materials per unit x 1 x 1 x 1 x 1 x 1 Chapter 4: Job-order costing Production needs 1 060 1 260 1 600 1 800 5720 Desired ending inventory 126 160 180 106 106 Total needs 1 186 1 420 1 780 1 906 5 826 Chapter 5: Process costing less: Beginning inventory [58) (126) (1601 [180) (58) Direct materials to be purchased 1 128 1294 1 620 1 726 5 768 O Chapter 6: Activity-based costing Cost per T-shirt x $3 * $3 * $3 x $3 $3 Total purchase cost plain T-shirts $3 384 $3 882 $4 860 $5 178 $17 304 Chapter 7: Master budget and behavioural issues Ink Quarter 2 Year Units to be produced 1060 1 260 600 1 800 5 720 Chapter 8: Standard costing: a managerial control tool Direct materials per unit 150 150 150 150 x 150 Production needs 159 000 189 000 240 000 270 000 858 000 Chapter 9: Flexible budgets and overhead analysis Desired ending inventory 18 900 24 000 27 000 15 900 15 900 Total needs 177 900 213 000 267 000 285 900 943 800 Making the connection less: Beginning inventory (11 700 (18 900 (24 000) (27 000) (11 650] Direct materials to be purchased 166 200 194 100 243 000 258 900 862 250 Chapter 10: Cost-volume-profit analysis: a managerial Cost per 30 grams 50.20 $0.20 $0.20 $0.20 $0.20 Calculations for total cost of ink (166 200 (194 100 1243 000 1258 900 planning tool purchased grams + grams + grams + grams + 30 grams) 30 grams) 30 grams 30 grams) Making the connection x $0.20 * $0.20 * $0.20 x $0.20 8:45 PM Type here to search O 99+ O ~ DO GO (. () ENG 3/03/2022Step by Step Solution
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