Storm Solutions manufactures high-end umbrellas. Sales for April are expected to be 15,000 umbrellas of various...

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Storm Solutions manufactures high-end umbrellas. Sales for April are expected to be 15,000 umbrellas of various sizes. Historically, the average umbrella requires 4 feet of fabric, 1 ounce of wood, and 2 ounces of metal. Beginning inventory includes 5,000 feet of fabric, 1,000 ounces of wood, and 2,000 ounces of metal. Current prices are $0.10 per foot of fabric, $3.00 per ounce of wood, and $2.00 per ounce of metal. Ending inventory should be 150 percent of beginning inventory. Purchases are paid for in the month acquired. Answer the following questions by filling in the blanks. Do not include any symbols besides decimals in your answers (do not input commas). a. Determine the quantity of fabric, wood, and metal that Storm Solutions is to purchase during April. 1. Fabric = feet 2. Wood = ounces 3. Metal = ounces b. Determine the total amount of cash needed for April purchases. $ c. Determine the average amount of cash needed to produce an umbrella. $ Storm Solutions manufactures high-end umbrellas. Sales for April are expected to be 15,000 umbrellas of various sizes. Historically, the average umbrella requires 4 feet of fabric, 1 ounce of wood, and 2 ounces of metal. Beginning inventory includes 5,000 feet of fabric, 1,000 ounces of wood, and 2,000 ounces of metal. Current prices are $0.10 per foot of fabric, $3.00 per ounce of wood, and $2.00 per ounce of metal. Ending inventory should be 150 percent of beginning inventory. Purchases are paid for in the month acquired. Answer the following questions by filling in the blanks. Do not include any symbols besides decimals in your answers (do not input commas). a. Determine the quantity of fabric, wood, and metal that Storm Solutions is to purchase during April. 1. Fabric = feet 2. Wood = ounces 3. Metal = ounces b. Determine the total amount of cash needed for April purchases. $ c. Determine the average amount of cash needed to produce an umbrella. $

Answer rating: 100% (QA)

Answer a 1 Fabric 62500 feet 2 Wood 15500 ounces 3 Metal 3100... View the full answer