Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Required information The following information applies to the questions displayed below.] Vista Electronics, Inc. manufactures two different types of coils used in electric motors. In
Required information The following information applies to the questions displayed below.] Vista Electronics, Inc. manufactures two different types of coils used in electric motors. In the fall of the current year, Erica Becker, the controller, compiled the following data . Sales forecast for 20x0 (all units to be shipped in 20x0) Product Light coil Heavy coil Units Price 54,000 240 34,000 340 . Raw-material prices and inventory levels Expected Inventories, anuary 1, 20xe Desired Inventories, December 31, 20x0 Anticipated Purchase Price Raw Material Sheet metal Copper wire Platform 32,000 lb. 29,000 lb. 36,000 1lb. 32,000 1b. $ 16 10 5,400 units 6,400 units . Use of raw material Amount Used per Unit Raw Material Sheet metal Copper wire Platform Light Coil Heavy Coil 4 lb. 2 lb. 2 unit 3 lb. 1 lb. . Direct-labor requirements and rates Product Light coil Heavy coil Hours per Unit Rate per Hour $ 15 20 .Finished-goods inventories (in units) Expected January Desired December 31, Product Light coil Heavy coil 1, 20xe 19,000 7,500 20x0 24,000 8, 500 4. Prepare the raw material purchases budget (in dollars) for 20xO Answer is not complete Raw Material Purchases Budget for 20x0 Raw Material Required units Anticipated Purchase Price Raw Material Total Sheet metal Copper wire Platforms Total 336,000 X S 16 10
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started