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May you please help with the following questions ABC has 2,000 kilograms of direct materials in its December 31, 2021 ending inventory. Required production for
May you please help with the following questions
ABC has 2,000 kilograms of direct materials in its December 31, 2021 ending inventory. Required production for January 2022 and February 2022 is 5,000 and 6,000 units respectively. Two kilograms of direct materials are need for each unit produced and the cost per kilogram is $6. Management wants an ending inventory of direct materials equal to 25% of next month's direct materials requirements fo production. The dollar amount of direct materials that will be purchased in January 2022 is: Select one: $66,000 $9,000 $11,000 $22,000ABC Company expects sales of product C to be 62,000 units in April, 75,000 units in May and 70,000 units in June. The company desires that the inventory on hand at the end of each month be equal to 40% of the next month's expected unit sales. Due to excessive production during March, on March 31 there were 25,000 units of product C in the ending inventory. Given this information, ABC Company's production of product C for the month of April should be how many units? Select one: 57,000 O 117,000 O 67,000 O 67,200ABC company expects to produce 5,000 units in quarter 1 and 6,000 units in quarter 2. It takes 6 minutes of direct labour time to produce one unit. How many direct labour hours should ABC plan for for quarters 1 and 2 in total? Select one: O 3,300 DL hours 1,100 DL hours 6,600 DL hours 66,000 DL hoursStep by Step Solution
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