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please answer both Direct materials purchases budget Quetzaltenango Candle Inc. budgeted production of 735,000 candles for March. Wax is required to produce a candle. Assume
please answer both
Direct materials purchases budget Quetzaltenango Candle Inc. budgeted production of 735,000 candles for March. Wax is required to produce a candle. Assume 13 ounces of wax is required for each candie. The estimated March 1 wax inventory is 16,800 pounds. The desired March 31 wax ifiventory is 13,600 pounds. If candia Wax costs $1.60 per pound, determine the direct matenals porchases budget for March. (One pound = 16 ouncel.) Round all computed answers to the nearest whole number. For those boxks in which you must enter subtracted or negative numberi usit a minus signi. Quetzaltenango Candie Inc. budgeted production of 33,000 candles for March. Each candle requires molding. Assume that 10 minutes ale required to mold each candle. If molding labor costs $14 per hour, debermine the direct labor cost budget for March Step by Step Solution
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