Question
On January 1, 2014, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2014. Sales
On January 1, 2014, the Hardin Company budget committee has reached agreement on the following data for the 6 months ending June 30, 2014. Sales units: First quarter 5,300; second quarter 6,800; third quarter 7,100 Ending raw materials inventory: 40% of the next quarters production requirements Ending finished goods inventory: 25% of the next quarters expected sales units Third-quarter production: 7,600 units The ending raw materials and finished goods inventories at December 31, 2013, follow the same percentage relationships to production and sales that occur in 2014. 4 pounds of raw materials are required to make each unit of finished goods. Raw materials purchased are expected to cost $5 per pound. Partially correct answer. Your answer is partially correct. Try again. Prepare a production budget by quarters for the 6-month period ended June 30, 2014. HARDIN COMPANY Production Budget For the Six Months Ending June 30, 2014 Quarter 1 2 Six Months Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with correct answer:Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer:Entry field with correct answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer LINK TO TEXT Partially correct answer. Your answer is partially correct. Try again. Prepare a direct materials budget by quarters for the 6-month period ended June 30, 2014. HARDIN COMPANY Direct Materials Budget For the Six Months Ending June 30, 2014 Quarter 1 2 Six Months Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with correct answer:Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer:Entry field with correct answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer Entry field with incorrect answer $Entry field with incorrect answer $Entry field with incorrect answer Entry field with incorrect answer $Entry field with incorrect answer $Entry field with incorrect answer $Entry field with incorrect answer
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