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please help me it is urgent ASAP !! Problem :/ Cairo Furniture Company makes two products: tables and chairs. The following information is available for
please help me it is urgent ASAP !!
Problem :/ Cairo Furniture Company makes two products: tables and chairs. The following information is available for March: Production Requirements Tables Chairs Materials needed: Wood ($0.90 per foot) Varnish ($9 per gallon) Bolts ($1.50 per dozen) Direct Labor ($8.50 per hour) 100 board feet 2 gallons 1 dozen 90 board feet 3 gallons 1.5 dozen 12 hours 10 hours 12 hours 10 hours Variable Manufacturing Overhead ($4 per direct labor hour) Level of Inventories Wood Varnish Bolts Finished Tables Finished Chairs Actual Beginning Inventory 1,100 board feet 11 gallons 15 dozen 3 6 Desired Ending Inventory 1,000 board feet 12 gallons 9 dozen 5 7 Instructions a- Prepare the production budget (in units), assuming that the company expects to sell 40 tables and 50 chairs in March. b- Based on the production budget and the desired ending inventory level, prepare the direct materials usage and purchases budget for March (Direct materials purchases are paid for at the time of the purchase)Step by Step Solution
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