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Problem 9-1A Desired Inventory Levels Snare Bag Snare (Finished Goods units)) Jan 1 Begin 8,000 April 1 End Q1 July 1 End Q2 15,000
Problem 9-1A Desired Inventory Levels Snare Bag Snare (Finished Goods units)) Jan 1 Begin 8,000 April 1 End Q1 July 1 End Q2 15,000 18,000 Gumm (pounds) Tarr (pounds) 9,000 10,000 13,000 14,000 20,000 25,000 Revenue Q1 2400000 Q2 3360000 Total 5760000 cost per bag Production Budget for Snare Unit Sales add Expect End Inventory Total Required sub Beginning Inventory Production Required (Units) Material Budget Gumm Units to be Produced Material Required/Unit Toal Material Required add Expect Ending Matl Total Required sub Beginning Material Material to be Purchased Cost per Pound Total Direct Matl Cost Given: 15min/bag@$16/hr Labor Budget Units to be Produced Hours per unit Q1 Q2 Q3 $ $ Total Hours Cost per Hour Total labor Cost $ $ Cost of Sales 1328000 1859200 Gumm 4lbs @3.80/lb Tarr 6lbs @ 1.50/lb Matl Labor OH total $ 15.20 $ 9.00 $ 24.20 $ 4.00 $ 5.00 $33.20
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