Inventory at the start of the year was 390 planters. The desired inventory of planters at...
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Inventory at the start of the year was 390 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires three pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound Read the requerements Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased Start by preparing the direct materials budget through the total quantity needed, then complete the budget Gable Manufacturing Direct Materials Budget For the Months of January through March January Units to be produced Mulply by Quay of dirt materats needed per un Quantity needed for production Plus Desired ending wory of direct materia Erder any number in the edit feids and then click Check Answer 1 pan February March Quarter Clear All Check Answer Inventory at the start of the year was 390 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of ea Read the requirements. esc Gable Manufacturing Production Budget For the Months of January through March January February remaining Enter any number in the edit fields and then click Check Answer. 1 part % 3,900 370 2 Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypro purchased. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. 4,270 390 3,880 20 3,700 310 F3 4,010 370 3,640 March DOD DOD 3,100 450 3,550 310 3,240 Quarter ( 10,700 450 ✔ 11,150 390 10,760 Clear All pscale retail establishments. Sales projections for the first five months of the upcoming ye inventory of planters at the end of each month should be equal to 10% of the following mont 20% of the polypropylene required for next month's production on hand at the end of each mo X in the first qu ing get through March February 7 900 370 4,270 390 3,880 3,700 310 4,010 F3 370 3,640 Check Answer. 000 000 Data Table F4 January February .... Number of planters to be sold 3,900 3,700 March........ April..... May the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene requi F5 3,100 4,500 4,900 Print Done Clear All F6 44 F7 ▶11 or the quarter. F8 ▶▶ F9 Gable Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information) inventory at the start of the year was 300 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires three pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound. Inventory at the start of the year was 390 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires three pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound Read the requerements Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene required and the total cost of the polypropylene to be purchased Start by preparing the direct materials budget through the total quantity needed, then complete the budget Gable Manufacturing Direct Materials Budget For the Months of January through March January Units to be produced Mulply by Quay of dirt materats needed per un Quantity needed for production Plus Desired ending wory of direct materia Erder any number in the edit feids and then click Check Answer 1 pan February March Quarter Clear All Check Answer Inventory at the start of the year was 390 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of ea Read the requirements. esc Gable Manufacturing Production Budget For the Months of January through March January February remaining Enter any number in the edit fields and then click Check Answer. 1 part % 3,900 370 2 Unit sales Plus: Desired ending inventory Total needed Less: Beginning inventory Units to produce Requirement 2. Prepare a direct materials budget for the polypropylene for each month in the first quarter of the year, including the pounds of polypro purchased. Start by preparing the direct materials budget through the total quantity needed, then complete the budget. 4,270 390 3,880 20 3,700 310 F3 4,010 370 3,640 March DOD DOD 3,100 450 3,550 310 3,240 Quarter ( 10,700 450 ✔ 11,150 390 10,760 Clear All pscale retail establishments. Sales projections for the first five months of the upcoming ye inventory of planters at the end of each month should be equal to 10% of the following mont 20% of the polypropylene required for next month's production on hand at the end of each mo X in the first qu ing get through March February 7 900 370 4,270 390 3,880 3,700 310 4,010 F3 370 3,640 Check Answer. 000 000 Data Table F4 January February .... Number of planters to be sold 3,900 3,700 March........ April..... May the polypropylene for each month in the first quarter of the year, including the pounds of polypropylene requi F5 3,100 4,500 4,900 Print Done Clear All F6 44 F7 ▶11 or the quarter. F8 ▶▶ F9 Gable Manufacturing produces self-watering planters for use in upscale retail establishments. Sales projections for the first five months of the upcoming year show the estimated unit sales of the planters each month to be as follows: (Click the icon to view additional information) inventory at the start of the year was 300 planters. The desired inventory of planters at the end of each month should be equal to 10% of the following month's budgeted sales. Each planter requires three pounds of polypropylene (a type of plastic). The company wants to have 20% of the polypropylene required for next month's production on hand at the end of each month. The polypropylene costs $0.25 per pound.
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To prepare the direct materials budget for polypropylene for each month in the first quarter of the year we need to calculate the pounds of polypropyl... View the full answer
Related Book For
Financial Accounting and Reporting
ISBN: 978-1292080505
17th edition
Authors: Barry Elliott, Jamie Elliott
Posted Date:
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