Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
need requirement 2! thank you. 10.925 Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the
need requirement 2!thank you.
10.925 Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased Start by preparing the direct materiais budget through the total quantity needed, then complete the budget. Kyler Manufacturing Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus: Desired ending inventory of direct materials Total quantity needed Unit sales 925 1.100 Requirement 1. Prepare a production budget for each month in the first quarter of the year, including production in units for each month and for the quarter. Kyler Manufacturing Production Budget For the Months of January through March January February March Quarter 3,900 3,200 3,700 10,800 800 Plus: Desired ending inventory 1.100 Total needed 4,700 4,125 4,800 11.900 975 800 925 975 Less: Beginning inventory 3,725 3,325 3,875 10.925 Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to bo purchased. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. Number of planters to be sold January 3,900 February 3,200 3,700 March April .. 4,400 May 4,900 Kyler Manufacturing produces self-watering planters for use in upscale retall establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information) Inventory at the start of the year was 975 planters. The desired inventory of planters at the end of each month should be equal to 25% of the following month's budgeted sales. Each planter requires four pounds of polypropylene (a type of plastic). The company wants to have 30% of the polypropyleno required for next month's production on hand at the end of each month. The polypropylene costs $0.20 per pound Read the requirements
thank you.
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669be31814afa_247669be317ac27a.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669be318a5a1a_248669be31846b5a.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669be3195a08b_248669be318e7f5a.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/669be319dbe22_249669be319876e4.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started