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Quetzaltenango Candle Inc. projected sales of 59,000 candles for March. The estimated March 1 inventory is 3,500 units, and the desired March 31 inventory is
Quetzaltenango Candle Inc. projected sales of 59,000 candles for March. The estimated March 1 inventory is 3,500 units, and the desired March 31 inventory is 6,000 units. Prepare a production budget report in units for Quetzaltenango Candle Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Feedback Check My Work Remember to take into account expected units to be sold, desired units in ending inventory and estimated units in beginning inventory when calculating total units to be produced. Quetzaltenango Candle Inc. budgeted production of 705,000 candles for March. Wax is required to produce a candle. Assume 13 ounces of wax is required for each candle. The estimate March 1 wax inventory is 17,500 pounds. The desired March 31 wax inventory is 13,500 pounds. If candle wax costs $1.50 per pound, determine the direct materials purchases budget for March. (One pound =16 ounces.) Round all computed answers to the nearest whole number. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Feedback Check My Work Remember to take into account materials required for production, desired ending materials inventory and estimated beginning materials inventory when calculating direct materials to be purchased
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