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Mountain Breads produces organic bread that is sold by the loaf. Each loaf requires 0.5 kg of flour. The company pays $3.00 per kilogram of
Mountain Breads produces organic bread that is sold by the loaf. Each loaf requires 0.5 kg of flour. The company pays $3.00 per kilogram of the organic flour used in its loaves. Mountain Breads expects to produce the following number of loaves in each of the upcoming four months: (Click the icon to view the units to be produced.) The company's policy is to have 10% of the following month's flour needs on hand at the end of each month. At the end of June, there were 75 kg of flour on hand. Prepare the direct materials budget for the third quarter, with a column for each month and for the quarter. U Begin the direct materials budget by determining the total quantity needed, and then complete the budget. (Enter the kilogram per unit as a decimal to two places. Round your calculations to the nearest whole number.) Mountain Breads September Quarter 1,600 1,500 0.50 0.50 800 Direct Materials Budget For the Months of July through September July August Units to be produced 1,500 1,800 0.50 0.50 Kilograms of flour needed per unit Quantity needed (kg) for production 750 900 Plus: Desired ending inventory of direct materials Total quantity (kg) needed Less: Beginning inventory of direct materials Quantity (kg) to purchase Cost per kilogram 750 Total cost of direct material purchases Mountain Breads produces organic bread that is sold by the loaf. Each loaf requires 0.5 kg of flour. The company pays $3.00 per kilogram of the organic flour used in its loaves. Mountain Breads expects to produce the following number of loaves in each of the upcoming four months: E (Click the icon to view the units to be produced.) The company's policy is to have 10% of the following month's flour needs on hand at the end of each month. At the end of June, there were 75 kg of flour on hand. Prepare the direct materials budget for the third quarter, with a column for each month and for the quarter. Begin the direct materials budget by determining the total quantity needed, and then complete the budge und your calculations to the nearest whole number.) Mountain Breads Data table Direct Materials Budget For the Months of July through September July August 1,500 1,800 1,500 loaves September 1,600 July August 1,800 loaves Units to be produced September 1,600 loaves 0.50 0.50 0.50 October 1,500 loaves 750 900 800 Kilograms of flour needed per unit Quantity needed (kg) for production Plus: Desired ending inventory of direct materials Total quantity (kg) needed Less: Beginning inventory of direct materials Quantity (kg) to purchase Cost per kilogram Total cost of direct material purchases Print Done
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