User Account

All Pages

What is the purchases budget for february

Assignment Help Accounting Basics
Reference no: EM131680239

Question - Barrington Bears has developed the following sales forecasts for the next few months. January 500, February 600, March 720, April 800 and May 770. BB has 80 bears on hand on Dec. 31. Normal ending inventory policy is to hold 20% of next month's sales.

Each bear needs .8 yards of fabric and two pounds of stuffing. Fabric is budgeted to cost $15 per yard and stuffing $4 per pound. Direct labor is paid $18 per hour. Each bear takes 40 minutes to hand-finish. Variable overheads total $21 per direct labor hour. Fixed overheads amount to $25,000 per month.

Eighty yards of fabric and 100 pounds of stuffing were in stock at year-end. Ten percent and 25% of next month's stuffing and fabric needs respectively are planned for raw materials ending inventory each month.

What is the purchases budget for February?

Reference no: EM131680239

Questions Cloud

Carbohydrate and endurance sports : Gaining knowledge is the first step of learning, but it is taking this information and applying it that shows mastery.
Show the probability of no repeat words : A no repeat word is a sequence of at least one (and possibly all) of the usual 26 letters a,b,c,. . . ,z, with repetitions not allowed.
What influences can be heard in the given piece : What is the basis of this song? What influences can be heard in this piece? Does the band's technical prowess add or detract from the performance?
Discuss about the symmetric and asymmetric encryption : Create a network diagram of a network and / or in a data flow where your real-world example would exist using a diagramming application such as Visio or Dia.
What is the purchases budget for february : Barrington Bears has developed the following sales forecasts for the next few months. What is the purchases budget for February
Differences between macro and micronutrients : Why is it important to understand what macro and micronutrients are and how they work in the body?
Discuss flying in an airplane over central europe : According to the Von Thünen model of land use, which of the following would be located farthest from the market
Why would someone suggest that fast food is highly addictive : Why would someone suggest that fast food is highly addictive? What could be an explanation for this?
Write a working thesis and topic sentences : Write a working thesis and topic sentences. Outline each article. What examples of this are particularly helpful in explaining it?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Mean time between occurrences of safety violations

(i) Carry out a two-sample t-test to compare the mean time between occurrences of safety violations for operator "A" to that for operator "B"; carry out a second two-sample t-test comparing the means for operator "A" to that for operator "C". ..

  Annual cash savings from the purchase

Recovery of working capital will be $10,000 at the end of its useful life. Annual cash savings from the purchase of the machine will be $20,000.

  Determine the cost per equivalent unit of direct material

Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. Determine the cost per equivalent unit of direct material

  In 2013 sheryl is claimed as a dependent on her parents tax

in 2013 sheryl is claimed as a dependent on her parents tax return. her parents ordinary income marginal tax rate is 35

  What is feedback? what are possible consequences

What is feedback? What are possible consequences of inadequate feedback?

  The revenue earned by playing the first home game

Emporia State University sells 4,000 season basketball tickets at $180 each for its 12-game home schedule. Give the entry to record

  V of multiple cash flows shane matthews has invested in an

v of multiple cash flows shane matthews has invested in an investment that will pay him 6200 6450 7225 and 7500 over

  Suppose the tax rate is 0 for taxable income less than 0

suppose the tax rate is 0 for taxable income less than 0.for positive taxable income up to and including 25000 the tax

  Classify the cash flows from these transactions

Classify the cash flows from these transactions as operating activities (OA), investing activities (IA), or financing activities (FA). Use NA for transactions that do not affect the statement of cash flows.

  Confidence interval for the difference in proportions

a) Is there evidence that the percentage of people avoiding fast food is different in the two age groups? b) Give a 90% confidence interval for the difference in proportions.

  The chief accountant maintains that this procedure

Do you agree or disagree with Dolly wood's policy concerning recognition of bad debt expense?Why or why not?

  Identify several corporations in your area

Many businesses need amounts of capital that cannot be easily provided by a proprietorship. These businesses choose to organize using another form of business.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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