Using the production schedule develop the direct materials

Reference no: EM13482203

A company produces doors. The following information was gathered to prepare budgets for the upcoming year beginning January1:

sales forecast inunits................................... 5,500 doors

finished goods inventory,Jan1....................... 620 doors

target finished goods inventory,Dec1............. 480 doors

raw materials inventory-steel, Jan1................ 40,000lbs

targetinventory-steel,Dec1.......................... 80,000lbs

raw materialsinventory-glass,Jan1.................. 6,000 squarefeet

targetinventory-glass,Dec1............................ 4,000square feet

budgeted purchase price-steel......................... $4 perlb

budgeted purchase price-glass.........................$2 persquare foot

The manufacture of each door requires 20 lbs of steel and 6square feet of glass

Using the production schedule, develop the direct materials purchase budgets for steel and glass.

Reference no: EM13482203

Questions Cloud

Manufacturing overhead incurred at the puppy meal plant : seven enterprises is a large producer of gourmet per food. during april it produced 147 batches of puppy meal. each

Which of the following would not be categorized as current : which of the following would not be categorized as current assets?1. stocks2. debtors3. plant and machinery4. cash in

What would be the break-even point in units and in swiss : problem break-even analysis pricing lo1 lo4 lo6detmer holdings ag of zurich switzerland has just introduced a new

Prepare a cost of production report for the cutting : prepare a cost of production report for the cutting department of tanner carpet company for december 2012. use the

Using the production schedule develop the direct materials : a company produces doors. the following information was gathered to prepare budgets for the upcoming year beginning

Airporter service company operates scheduled coach service : airporter service company operates scheduled coach service form bostons logan airport to downtown boston and to

Cbs companys manufacturing accounting system uses direct : cbs companys manufacturing accounting system uses direct labor costs to apply overhead to goods in process and finished

What is cost of goods sold using the perpetual method the : records of the genesis corporation reveal the following information about inventory during the year.january1 beginning

Rand medical manufactures lithotripters lithotripsy uses : rand medical manufactures lithotripters. lithotripsy uses shock waves instead of surgery to eliminate kidney stones.

User Account

All Pages