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The budget components for Pina Colada Company for the quarter ended June 30 appear below. Pina Colada sells high performance coolers for $120 each. Budgeted

The budget components for Pina Colada Company for the quarter ended June 30 appear below. Pina Colada sells high performance coolers for $120 each. Budgeted sales and production for the next three months are:

Sales

Production

April

20,700 units

26,000 units

May

50,800 units

45,500 units

June

31,800 units

28,500 units

Pina Colada desires to have coolers on hand at the end of each month equal to 20 percent of the following months budgeted sales in units. On March 31, Pina Colada had 4,140 completed units on hand. Five pounds of plastic are required for each cooler. At the end of each month, Pina Colada desires to have 10 percent of the following months production material needs on hand. At March 31, Pina Colada had 13,000 pounds of plastic on hand. The materials used in production cost $0.70 per pound. The production of each cooler requires 0.10 hours of direct labor. Determine the budgeted cost of direct materials purchases for the month of April.

Budgeted cost of direct materials purchases for April $enter the budgeted cost of direct materials purchases for April in dollars image text in transcribed
View Policies Current Attempt in Progress The budget components for Pina Colada Company for the quarter ended June 30 appear below. Pina Colada sells high performance coolers for $120 each. Budgeted sales and production for the next three months are: Sales Production April 20,700 units 26,000 units May 50.800 units 45,500 units June 31,800 units 28,500 units Pina Colada desires to have coolers on hand at the end of each month equal to 20 percent of the following month's budgeted sales in units. On March 31, Pina Colada had 4,140 completed units on hand. Five pounds of plastic are required for each cooler. At the end of each month, Pina Colada desires to have 10 percent of the following month's production material needs on hand. At March 31, Pina Colada had 13,000 pounds of plastic on hand. The materials used in production cost $0.70 per pound. The production of each cooler requires 0.10 hours of direct labor. Determine the budgeted cost of direct materials purchases for the month of April. Budgeted cost of direct materials purchases for April $ e Textbook and Media Save for Later Attempts: 0 of 1 used Submit

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