Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jarick Spoth, the minrifactures a unicue tice of prolective helnet. The folidwing is the combanyes budset intomasion for Act A. Estimated saies of heimets for

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Jarick Spoth, the minrifactures a unicue tice of prolective helnet. The folidwing is the combanyes budset intomasion for Act A. Estimated saies of heimets for Asell: B. E.timated iwenteries at Aquil 1 1 Estmond seies 2. Number of unh to oroduch 3. Toul drest maserises be burchased 4 Total derect lator casi 5 Folal tacticy overemed 6. Total matularauire cosh f. Cost orgocete marifactures C. Desiredianticipated inventories at April 30: D. Direct materlals used to preduce each heimet D. Direct maserials used to produce each haimet E Anticiaated cost pee pound of purchases and iwentery anserme of drect materiali! F. Amicinated difect labor requirements to produce each helmet: Q. fistimated factery treehend costs for Apri: Jonick Sports, Inc. manufactures a unique type of protective helmet. The following is the company's budget information for April: A. Estimated sales of helmets for April: B. Estimated inventories at April 1: \begin{tabular}{|l|l|l|l|l|} \hline \multicolumn{2}{l|}{ Direct materials: } & Work in process: & \multicolumn{2}{l|}{ Finished helmets: } \\ \hline & Pounds & Amount & 540Quantity & $184Unitcost \\ \hline Plastic & 100 & $41,990 & & \\ \hline Foam lining & 50 & & \end{tabular} C. Desired/anticipated inventories at April 30: D. Direct materials used to produce each helmet: \begin{tabular}{|l|c|} \hline & Pounds \\ \hline Plastic & 2.5 \\ \hline Foam lining & 0.5 \\ \hline \multicolumn{1}{|c|}{ Test } & + \\ \hline \end{tabular} D. Direct materials used to produce each helmet: \begin{tabular}{|l|c} \hline & Pounds \\ \hline Plastic & 2.5 \\ \hline Foam lining & 0.5 \\ \hline \end{tabular} F. Anticipated direct labor requirements to broduce each halmat: G. Estimated factory overhead costs for April: Instructions Use the information given and/or your answers to \#1 through 6 to determine the following bu a. Enter answers in the yellow cells for questions \#1 through 7 using formulas and/or b. All answers except \#2 are asking for dollar amounts. c. Use variables/cell references rather than typing numbers into the formulas. d. Use the SUM and SUMPRODUCT functions at least once each. 1. Estimated sales 2. Number of units to produce 3. Total direct materials to be purchased 4. Total direct labor cost 5. Total factory overhead 6. Total manufacturing costs 7. Cost of goods manufactured \begin{tabular}{|r|} \hline$2,332,800 \\ \hline 7,560 \\ \hline \\ \hline$204,000 \\ \hline \\ \hline \\ \hline \end{tabular}

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

Step: 3

blur-text-image

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

An Audit Of The Case Study Method

Authors: Michael Masoner

1st Edition

027592761X, 978-0275927615

More Books

Students also viewed these Accounting questions