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need help Problem 4 (10 points) Complete the production budget. Desired ending inventory is 40% of next month's sales. Assume this was met for March
need help
Problem 4 (10 points) Complete the production budget. Desired ending inventory is 40% of next month's sales. Assume this was met for March and carried to April's begirning inventory. Juby sales are expected to be 7,000 units. Sales (Units) Desired ending lnventory Total needs Less Beg. Inv. Units to produce Problem 5 (6 points each =12 points) Direct material Price Variance is (AQAP) - (AQ 5P ) or (AP - SP)AQ. A company developed the following per-unit standard for its product direct materials at 36 per pound. Last month, 2,000 pounds of direct materials wore actually purchased for $11,400. Calculate the direct materiais price variance for last month. Please show work. Direct material Quantity Variance is (AQ * SP) - (SQ * SP) or (AQ - SQ)SP. The per-unit standards for direct materials are 2 gallons at $4 per galion. Last month, 11,200 gallons of direct materials was actually used to produce 6,000 units of product. Calculate the direct materials usage variance for last month. Please show work Step by Step Solution
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