Each ruler requires 0.25 pounds of resin

Assignment Help Managerial Accounting
Reference no: EM131033068

Tall Oak, Inc. produces ruler from plactic resin. TallOak has estimated production and sales of rule in units for the next 2 months as:

                                                   May            June

   Estimated production          42,000       48,000

   Estimated sales                      50,000       36,000

Each ruler requires 0.25 pounds of resin. The cost of resin is $4.50 per pound. Tall Oak wants to have 20% of the next month's material requirements on hand at the end of the each month.

instruction: on columna workpaper ,perpare a direct material purchases budget for the month of May

Reference no: EM131033068

Questions Cloud

Prepare a project charter for the given project : Prepare a project charter for the above project. Please include the following sections and follow the instructions contained in chapter 4 of the text
Discuss the major characteristics of colonialism : Define cultural immersion and show how it fits within the broad context of study abroad. To what extent did colonialism influence perceptions of students about Africa?
What issues exist regarding the hearsay rule : What major cases were involved in the establishment of the hearsay rule? Summarize. What is the rationale behind the rule? Explain. What issues exist regarding the hearsay rule? Explain. What are the 4 main dangers of hearsay? Explain in detail.
What is the difference between variable costs : What is the difference between variable costs and fixed costs in accounting?
Each ruler requires 0.25 pounds of resin : Each ruler requires 0.25 pounds of resin. The cost of resin is $4.50 per pound. Tall Oak wants to have 20% of the next month's material requirements on hand at the end of the each month.instruction: on columna workpaper ,perpare a direct material pur..
Were you over or under on your rda for calories : Were you over or under on your RDA for calories? What health problems could this cause for you? What percentage of your diet is from calories, fat, and protein?
One level of a company''s flexible budget : One level of a company's flexible budget was prepared for production of 7,000 units. Total costs were $25,000 and included direct materials, direct labor, and variable overhead at $1,$2, and $0.50 per unit respectively. What is the total cost for pro..
Assume beale co. expects to sell 150 units next month : Assume Beale Co. expects to sell 150 units next month. The unit sales price is $80, unit variable cost is $30, and the fixed costs per month are $5,000. The margin of safety
Why does price discrimination occur : Why does price discrimination occur?  And what determines who will pay the higher price?

Reviews

Write a Review

 

Managerial Accounting Questions & Answers

  What is the profitability of unfocused book

What is the profitability of Unfocused Books' three departments and what recommendations would you make to the owners?

  Selected comparative financial statement information

Selected comparative financial statement information of Bluegrass Corporation follows.

  Computer controlled manufacturing systems

As companies move to computer controlled manufacturing systems, what happens to the mix of product costs (direct material, direct labor, and manufacturing overhead)?

  Prepare the journal entry for green company

Prepare the journal entry for Green Company and assume that the exchange lacked commercial substance. Prepare the journal entry for Ice Mountain Company.

  Evaluate the cumulative balanced scorecard results

Use as many examples as you can to show the logic which underpinned your decisions. Be sure you analyze, discuss and detail to explain both the “Why” and the “How”.  Data should be used to back up your statements wherever necessary, e.g. market share..

  Prepare only the operating activities section

It also reports $80,000 depreciation expense and a $20,000 gain on the sale of machinery.

  Evaluate the break-even point in total sales dollars

Compute the break-even point in total sales dollars and in units for 2014 and paul was a marketing major in college. He believes that sales volume can be increased only by intensive advertising and promotional campaigns.

  Annual cash flows over the expected life of the equipment

Based on the information calculate the following items for this proposed equipment purchase,  Annual cash flows over the expected life of the equipment, Payback period, Annual rate of return, Net present value, Internal rate of retur

  Assume that the company closes any under or over applied

Assume that the company closes any under or over applied overhead directly to Cost of Goods Sold. Prepare the appropriate journal entry.

  1 the variable cost of producting one cookie is 075 fixed

1. the variable cost of producting one cookie is 0.75. fixed costs per week are 1000.a. sketch a graph of costs in the

  Calculate the revenue per hour

How much profit must Tidbit produce to achieve a 15% return and calculate the revenue per hour that Tidbit must generate to achieve a 15% return.

  Can a small group of well organized activists

Human rights groups, environmental activists, and other interest groups concerned with unethical business practices have often conducted publicity campaigns against various corporations that those groups feel have engaged in unethical practices.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd