Question
Jacobs Inc. manufactures two products: A and B. The company predicts a sales volume of: January February March Product A 10,000 12,000 9,000 Product B
Jacobs Inc. manufactures two products: A and B. The company predicts a sales volume of: January February March Product A 10,000 12,000 9,000 Product B 12,000 15,000 16,000 The desired ending inventory is estimated to be 20% of the next month's sales. The beginning inventory was 2,000 units for A and 2,500 units for B. The following raw materials are required to manufacture these products: Raw Materials Required for Products Cost per Pound $2.00 A B 2.50 2 pounds 1 pound 1.25 1 pound 3 pounds The desired ending inventory is estimated to be 20% of the next month's sales. The beginning inventory was 2.000 Units And 2.000 units for t The following raw materials are required to manufacture these products: Raw Materiale Required for Products Cost per Pound $2.00 2 pounds 2.50 1.25 1 pound 1 pound 3 pounds The desired ending inventory is estimated to be 10% of the next month's production need. The beginning inventory was 1,000 pounds of X and 1,500 pounds of Z Required: 1. How many units of Product B is Jacobs planning to produce in January? (7 POINTS) 2. How many units of Product B is Jacobs planning to produce in February? (7 POINTS) 3. How many pounds of Raw Materials Z is Jacobs planning to purchase in January? (7 POINTS) 4. How much is Jacobs planning to pay for Raw Materials Z in January? (4 POINTS)
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