Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Soda Company is the largest bottler in Western Europe. The company purchases Brand 1 and Brand 2 concentrate from The Soda Company, dilutes and mixes
Soda Company is the largest bottler in Western Europe. The company purchases Brand and Brand concentrate from The Soda Company, dilutes and mixes the concentrate with carbonated water, and then fills the blended beverage into cans or plastic twoliter bottles. Assume that the estimated production for Brand and Brand twoliter bottles at the Wakefield, UK bottling plant are as follows for the month of May:
Brand twoliter bottles
Brand twoliter bottles
In addition, assume that the concentrate costs $ per pound for both Brand and Brand and is used at a rate of pound per liters of carbonated water in blending Brand and pound per liters of carbonated water in blending Brand Assume that two liters of carbonated water are used for each twoliter bottle of finished product. Assume further that twoliter bottles cost $ per bottle and carbonated water costs $ per liter.
Prepare a direct materials purchases budget for May, assuming inventories are ignored, because there are no changes between beginning and ending inventories for concentrate, bottles, and carbonated water. If required, round to the nearest whole number except for unit price amounts, which should be rounded to nearest cent if required
Soda CompanyWakefield Plant
Direct Materials Purchases Budget
For the Month Ending May assumed data
Concentrate Liter
Bottles Carbonated
Water
Total
Materials required for production:
Brand fill in the blank
lbs fill in the blank
btls fill in the blank
ltrs
Brand fill in the blank
fill in the blank
fill in the blank
Total materials required fill in the blank
lbs fill in the blank
btls fill in the blank
ltrs
Unit price x $fill in the blank
x $fill in the blank
x $fill in the blank
Total direct materials to be purchased $fill in the blank
$fill in the blank
$fill in the blank
$fill in the blank
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