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Question 2 Answer saved Marked out of 10.00 Production and related schedules Flag question Goldstein Inc. manufactures and sells plastic boxes and trays. Sales
Question 2 Answer saved Marked out of 10.00 Production and related schedules Flag question Goldstein Inc. manufactures and sells plastic boxes and trays. Sales are projected to be evenly spread over the annual period. Estimated product sales and material needs for each unit of product follow. Boxes Trays Annual Sales 25,200 18,000 Material A 2.0 pounds 1.0 pound Material B 1.5 pounds 0.8 pound Direct Labor 0.3 hour 0.2 hour Overhead is applied at a rate of $1.60 per direct labor hour. Expected Beg. Inv Desired End. Inv. Material A (pounds) Material B (pounds) Boxes (units) Trays (units) 1,068 900 3,000 840 720 1,080 480 390 Material A costs $0.05 per pound, and Material B costs $0.07 per pound. Prepare the following information: a. Production schedule by product. Note: Use a negative sign in your schedule to indicate that an amount is subtracted. Production budget Boxes Trays Units of sales 0 Units desired in ending inv. 0 0 Units needed 0 0 Units in beginning inv. 0 Budgeted production 0 0
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