Compute budgeted purchases of material a for second quarter

Assignment Help Accounting Basics
Reference no: EM131711573

Question - Prester Corporation has budgeted production for next year as follows:

Quarter   First Second Third Fourth Production in units 71,400 97,800 103,500 115,500

Two pounds of material A are required for each unit produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 25% of the next quarter's production needs for material A. A total of 35,900 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be:

198,450 pounds

195,600 pounds

247,350 pounds

192,750 pounds

Reference no: EM131711573

Questions Cloud

How healthcare data is incorporated into statistics : Choose one example of how healthcare data is incorporated into statistics and research. Current trends and challenges in health informatics, Health Informatics.
How much will white corporation budget for labor in july : Each unit requires 0.50 direct labor-hours at a cost of $6.40 per direct labor-hour. How much will White Corporation budget for labor in July
Does the state in which you reside utilize drug courts, : Does the state in which you reside utilize drug courts, and if so, how successful have they been in reducing recidivism rates?
Discuss two charismatic leaders : Discuss two charismatic leaders - first one who used charisma for good and then one who used it for evil. Be sure to support and explain your choices
Compute budgeted purchases of material a for second quarter : A total of 35,900 pounds of material A are on hand to start the year. Budgeted purchases of material A for the second quarter would be
Explain the rationale of anova : In your own words, explain the rationale of ANOVA. Identify the two components that combine to produce an F value. Explain what each of these components.
Identify observed and potential impacts of climate : Identify observed and potential impacts of climate change in China and Japan over the last 50 years.
Dean and jimmy are arguing over a place in the theater line : Vince calls Debbie several names that reflect on her ethical standards and mother's sexual practices. Debbie becomes irate and kills Vince.
Discuss infinity then that is represent by the perpetuity : If the n equals infinity then that is represent by the perpetuity. The other name of perpetuity is Consol

Reviews

Write a Review

Accounting Basics Questions & Answers

  The partnership of cox and cohen paid

The partnership of Cox and Cohen paid the following ages during this year:

  What were the equivalent units of direct materials and

data for department a for february 2012 are work in process beginning inventory 40 converted-----200 units units

  Fixed expenses are 913000 per month the company is

fixed expenses are 913000 per month. the company is currently selling 9000 units per month. management is considering

  Problem related to conversion costs

The November 1 work-in-process inventory consisted of 8,000 units, 50% complete with respect to conversion costs. A total of 25,000 units were completed and transferred out of the department during the month. What was the number of units started d..

  Estimate the percentage of all persons age

In a certain city, there are 100,000 persons age 18 to 24. A simple random sample of 500 such persons is drawn, of whom 198 turn out to be currently enrolled in college. If possible, find a 95% confidence interval for the percentage of all persons..

  A proposal from a major research report

The following is a proposal from a major research report, The Future of Corporate Governance: Insights from the UK, prepared for the Institute of Chartered Accountants of Scotland.45

  Materials used by aro-products inc in producing division 3s

1. income from operations for divison b is 150000 total service department charges are 400000 and operating expenses

  Cpa practice: a partnership proprietorship or corporation

Which business structure would you choose if you were to set up your own CPA practice: a partnership, proprietorship, or corporation? Why? Explain what factors affect your decision

  What is the book value of the equipment at end of january

The Sample Café nearly broke even in the first month of business. Below is a summary of revenue and expenses for January. What is the book value of the equipment at the end of January?

  Discuss the economic consequences issues

Discuss the economic consequences issues that are present in each of the following transaction situations.

  Describe the control''s that an organization can employ

Describe the control's that an organization can employ to deal with kickbacks . - classify each control as preventive , detective, or corrective.

  What is the portfolio standard deviation

What is the portfolio's standard deviation? What is the maximum one-month loss of the currency portfolio? State % and US dollars

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