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is this correct? Yada expects to produce 1,650 units in January and 2,130 units in February. The company budgets 5 pounds per unit of direct
is this correct?
Yada expects to produce 1,650 units in January and 2,130 units in February. The company budgets 5 pounds per unit of direct materials at a cost of $30 per pound. Indirect materials are insignificant and not considered for budgeting purposes. The balance in the Ra Materials Inventory account all direct materials on January 1 is 5 00 pounds Yada desire the ending balance Ra Materials l ventory to be 20% of the next month's direct materials needed for production e i d ending balance for February is 4,300 pounds. Prepare Yada's direct materials budget for January and February Begin by preparing the direct materials bu or January and February through total direct materials needed line and then complete the budget by calculating the budgeted cost of direct materials purchases Yada Company Direct Materials Budget Two Months Ended January 31 and February 28 January February Budgeted units to be produced Direct materials (pounds) per unit Direct materials needed for production Plus: Desired direct materials in ending inventory (pounds) Total direct materials needed Less: Direct materials in beginning inventory (pounds) Budgeted purchases of direct materials Direct materials cost per pound Budgeted cost of direct materials purchases 1650 2130 8250 2130 10380 5000 5380 30 61400 10650 4300 6350 2130 4220 30 126600 Choose from any list or enter any number in the input fields and then continue to the nextStep by Step Solution
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