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The budget components for Ayayai Company for the quarter ended June 3 0 appear below. Ayayai sells recycling bins for $ 1 0 each.Flint Company
The budget components for Ayayai Company for the quarter ended June appear below. Ayayai sells recycling bins for $ each.Flint Company reported the following information for :
All sales are on credit.
Customer amounts on account are collected in the month of sale and in the following month.
Compute Flint's budgeted cash receipts for November.
Budgeted cash receipts for November $
Budgeted production for the next three months is:
April units
May units
June units
Ayayai desires to have recycling bins on hand at the end of each month equal to percent of the following month's budgeted sales in
units. On March Ayayai had bins on hand. Five pounds of plastic are required for each recycling bin. At the end of each
month, Ayayai desires to have percent of the following month's direct material needed for production on hand. At March Ayayai
had pounds of plastic on hand. The direct materials used in production cost $ per pound. Each recycling bin produced
requires hours of direct labor.
Compute the budgeted dollar value of the ending direct materials inventory at the end of May.
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