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Question 13 2 pts StayWalk Co produces exercise machines. They wants an ending raw material inventory equal to 10% of the next quarter's total material
Question 13 2 pts StayWalk Co produces exercise machines. They wants an ending raw material inventory equal to 10% of the next quarter's total material needs in pounds are Q1 15,000 lbs; Q2 12,000 lbs; Q3 13,300 lbs; and Q4 9,600. The beginning raw materials inventory for Q1 is 1,500 lbs. What is the quarter 2 desired ending raw materials inventory? 1,200 lbs 1,330 lbs 1,500 lbs 960 lbs Question 14 2 pts A Co's production budget reported the following production (in units) for the upcoming fiscal year: Q1 12,000; Q2 9,000; Q3 11,500; Q48,750 The company wants to maintain a desired ending raw material inventory in the current quarter equal to 10% of the next quarter's production. The only raw material used to produce a single unit is the 1.5 pounds of composite material. The material costs $2.50 per pound. The company began the first quarter with 1,800 pounds in the beginning raw material inventory. What is the cost for raw materials purchases in quarter 2? $22,500.00 $38,062.50 $34,687.50 $30,250.75 Question 15 2 pts Rookwood Pottery produces a commemorative Indian wedding vase. Each vase requires 12 direct labor hours to produce. The average direct labor pay rate is $25 per hour. Production in units is 21 225; Q2 160; Q3 185; and Q4 210. What are the total direct labor costs for quarter 1? $5,625 $67,500 $6,250 $48,000 Question 16 2 pts Rookwood Pottery produces a commemorative Indian wedding vase. Each vase requires 12 direct labor hours to produce. The average direct labor pay rate is $25 per hour. Production in units is 1 225; Q2160; Q3 185; and Q4 210. What are the total direct labor hours required for quarter 3? 12 185 1,920 2,220
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