Business, 30.11.2019 02:31 GlitterGayness

Pearl products limited of shenzhen, china, manufactures and distributes toys throughout south east asia. three cubic centimeters (cc) of solvent h300 are required to manufacture each unit of supermix, one of the company’s products. the company now is planning raw materials needs for the third quarter, the quarter in which peak sales of supermix occur. to keep production and sales moving smoothly, the company has the following inventory requirements: the finished goods inventory on hand at the end of each month must equal 2,000 units of supermix plus 20% of the next month’s sales. the finished goods inventory on june 30 is budgeted to be 13,000 units. the raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. the raw materials inventory on june 30 is budgeted to be 84,000 cc of solvent h300. the company maintains no work in process inventories. a monthly sales budget for supermix for the third and fourth quarters of the year follows. budgeted unit sales july 55,000 august 60,000 september 70,000 october 50,000 november 40,000 december 30,000 required: 1. prepare a production budget for supermix for the months july, august, september, and october. 3. prepare a direct materials budget showing the quantity of solvent h300 to be purchased for july, august, and september, and for the quarter in total.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 20:20

On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:

Answers: 3

Answer

Business, 22.06.2019 11:00

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

Answers: 1

Answer

Business, 22.06.2019 16:10

From what part of income should someone take savings?

Answers: 2

Answer

Business, 22.06.2019 17:30

Fabian got into an accident on his way to work. he had multiple fractures in his leg. his doctor advised strict bed rest for at least three months.fabian is a freelance wildlife photographer who usually works on a contract basis, and this is his primary source of income. before the accident, fabian was planning his finances. which goal of his financial plan would fabian in getting through without pay for the next three months? the goal that requires the creation of a/an would fabian get through the next three months without pay.

Answers: 1

Answer

You know the right answer?

Pearl products limited of shenzhen, china, manufactures and distributes toys throughout south east a...

Questions