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The Bakery on the Riverbank produces organic bread that is sold by the loaf. Each loaf requires 1/2 of a pound of flour. The bakery
The Bakery on the Riverbank produces organic bread that is sold by the loaf. Each loaf requires 1/2 of a pound of flour. The bakery pays $3.00 per pound of the organic flour used in its loaves. The bakery expects to produce the following number of loaves in each of the upcoming four months: EEB (Click the icon to view the units to be produced.) The bakery has a policy hat it will have 10% o the following month's our needs on and at he end of each month. At he en of une there were 78 pounds of ouro the third quarter, with a column for each month and for the quarter and Pre are the direct materials udgetir Begin the direct materials budget by determining the total quantity needed, then complete the budget. (Enter the pounds per unit as a decimal to two places. Round your calculations to the nearest whole number) The Bakery on the Riverbank Direct Materials Budget For the Months of July through September July August September Quarter Units to be produced Multiply by: Pounds of flour needed per unit ] Quantity needed (Ibs) for production Plus: Desired ending inventory of direct materials Total quantity (Ibs) needed Less: Beginning inventory of direct materials Quantity (lbs) to purchase Multiply by: Cost per pound Total cost of direct material purchases Enter any number in the edit fields and then continue to the next
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