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Please help Tyrion Campany has the following budgeted productitm for the 2nd quarter ending in June 30. April May June Quarter Budgeted ProductiOn 30,000 40,000

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Tyrion Campany has the following budgeted productitm for the 2nd quarter ending in June 30. April May June Quarter Budgeted ProductiOn 30,000 40,000 50,000 120,000 Each unit requires 2 pounds of raw material that costs $6.00 per pound. Management desires to end each month with an inventory of raw materials equal to 10% of the following month's production needs. The desired ending inventory for June is 12.000 pounds. Management plans to pay for 75% of raw material purchases in the month acquired and 25% in the following month. In addition, the beginning raw materials inventory for April is budgeted to be 7,000 pounds and the beginning accounts payable for the rst April is budgeted to be $60,520. Reguired: a. Prepare the company's direct materials budget and schedule of expected cash disbursements for purchases of materials for the 2"'1 quarter ending in June. b. If the actual cost of material purchased is $7 per pound and 1.5 pounds of raw materials were purchased to manufacture each unit of product. Compute the materials price variance for one unit of product from the budgeted standard

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