Question

Assume the sales budget for April and May is 39,000 units and 41,000 units, respectively. The...

Assume the sales budget for April and May is 39,000 units and 41,000 units, respectively. The production budget for the same two months is 36,000 units and 37,000 units, respectively. Each unit of finished goods required 5 pounds of raw materials. The company always maintains raw materials inventory equal to 10% of the following month's production needs. How many pounds of raw material need to be purchased in April?

Multiple Choice

  • 184,400

  • 180,300

  • 180,500

  • 182,500

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1


0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Assume the sales budget for April and May is 37,000 units and 39,000 units, respectively. The...
Assume the sales budget for April and May is 37,000 units and 39,000 units, respectively. The production budget for the same two months is 34,000 units and 35,000 units, respectively. Each unit of finished goods required 5 pounds of raw materials. The company always maintains raw materials inventory equal to 25% of the following month's production needs. How many pounds of raw material need to be purchased in April?
Assume a company’s sales budget for April and May is 31,000 units and 33,000 units, respectively....
Assume a company’s sales budget for April and May is 31,000 units and 33,000 units, respectively. Its production budget for the same two months is 28,000 units and 29,000 units, respectively. Each unit of finished goods required 6 pounds of raw materials. The company always maintains raw materials inventory equal to 30% of the following months production needs. Also assume the company pays $2.00 per pound of raw material. It always pays for 60% of its raw material purchases in...
Assume a company’s sales budget for April and May is 47,000 units and 49,000 units, respectively....
Assume a company’s sales budget for April and May is 47,000 units and 49,000 units, respectively. Its production budget for the same two months is 44,000 units and 45,000 units, respectively. Each unit of finished goods required 3 pounds of raw materials. The company always maintains raw materials inventory equal to 30% of the following months production needs. Also assume the company pays $2.80 per pound of raw material. It always pays for 50% of its raw material purchases in...
7. Assume the following information:    Amount Per Unit Sales $ 300,000 $ 40 Variable expenses...
7. Assume the following information:    Amount Per Unit Sales $ 300,000 $ 40 Variable expenses 112,500 15 Contribution margin 187,500 $ 25 Fixed expenses 38,000 Net operating income $ 149,500    The dollar sales to break-even is: Multiple Choice $149,500. $101,333. $47,500. $60,800. 12. Assume the sales budget for April and May is 46,000 units and 48,000 units, respectively. The production budget for the same two months is 43,000 units and 44,000 units, respectively. Each unit of finished goods...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in Units 410 450 470 410 Each month's ending Finished Goods Inventory should be 30% of the next month's sales. March 31 Finished Goods inventory is 123 units. A finished unit requires 5 pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 260 pounds of B. Each month's ending Raw Materials Inventory...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in Units 420 460 480 420 Each month's ending Finished Goods Inventory should be 40% of the next month's sales. March 31 Finished Goods inventory is 168 units. A finished unit requires 5 pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 270 pounds of B. Each month's ending Raw Materials Inventory...
14 Kyoto, Inc. predicts the following sales in units for the coming four months:                     April       May...
14 Kyoto, Inc. predicts the following sales in units for the coming four months:                     April       May      June    July Sales in units..........       240        280       300     240 Although each month's ending inventory of finished units should be 60% of the next month's sales, the March 31 finished goods inventory is only 100 units. A finished unit requires four pounds of raw material B. The March 31 raw materials inventory has 200 pounds of B. Each month's ending inventory of raw...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in Units 320 360 380 320 Each month's ending Finished Goods Inventory should be 40% of the next month's sales. March 31 Finished Goods inventory is 128 units. A finished unit requires 5 pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 280 pounds of B. Each month's ending Raw Materials Inventory...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June...
Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in units 240 280 300 240 Each month's ending Finished Goods Inventory in units should be 40% of the next month's sales. March 31 Finished Goods inventory is 96 units. A finished unit requires five pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 200 pounds of direct material B. Each month's...
11.Cahuilla Corporation predicts the following sales in units for the coming four months: April May June...
11.Cahuilla Corporation predicts the following sales in units for the coming four months: April May June July Sales in Units 360 400 420 360 Each month's ending Finished Goods Inventory should be 40% of the next month's sales. March 31 Finished Goods inventory is 144 units. A finished unit requires 5 pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 210 pounds of B. Each month's ending Raw Materials Inventory...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT