Question

Becker Bikes manufactures tricycles. The company expects to sell 460 units in May and 590 units...

Becker Bikes manufactures tricycles. The company expects to sell 460 units in May and 590 units in June. Beginning and ending finished goods for May is expected to be 150 and 115 units, respectively. June’s ending finished goods is expected to be 125 units. Each unit requires 3 wheels at a cost of $16 per wheel. Becker requires 20 percent of next month’s material production needs on hand each month. July’s production units is expected to be 560 units. Compute Becker’s direct materials purchases budget with respect to wheels for May and June.

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
Becker Bikes manufactures tricycles. The company expects to sell 430 units in May and 560 units...
Becker Bikes manufactures tricycles. The company expects to sell 430 units in May and 560 units in June. Beginning and ending finished goods for May is expected to be 135 and 100 units, respectively. June’s ending finished goods is expected to be 110 units. The company’s variable overhead is $6.50 per unit produced and its fixed overhead is $7,000 per month. Compute Becker’s manufacturing overhead budget for May and June. (Do not round intermediate calculations. Round your final answers to...
Shadee Corp. expects to sell 590 sun visors in May and 390 in June. Each visor...
Shadee Corp. expects to sell 590 sun visors in May and 390 in June. Each visor sells for $11. Shadee’s beginning and ending finished goods inventories for May are 65 and 50 units, respectively. Ending finished goods inventory for June will be 50 units. It expects the following unit sales for the third quarter: July 560 August 460 September 440 Sixty percent of Shadee’s sales are cash. Of the credit sales, 54 percent is collected in the month of the...
Shadee Corp. expects to sell 590 sun visors in May and 340 in June. Each visor...
Shadee Corp. expects to sell 590 sun visors in May and 340 in June. Each visor sells for $25. Shadee’s beginning and ending finished goods inventories for May are 65 and 50 units, respectively. Ending finished goods inventory for June will be 60 units. Suppose that each visor takes 0.90 direct labor hours to produce and Shadee pays its workers $11 per hour. Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round...
Shadee Corp. expects to sell 590 sun visors in May and 430 in June. Each visor...
Shadee Corp. expects to sell 590 sun visors in May and 430 in June. Each visor sells for $28. Shadee’s beginning and ending finished goods inventories for May are 70 and 60 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 26 closures on hand...
1. Shadee Corp. expects to sell 530 sun visors in May and 380 in June. Each...
1. Shadee Corp. expects to sell 530 sun visors in May and 380 in June. Each visor sells for $20. Shadee’s beginning and ending finished goods inventories for May are 85 and 45 units, respectively. Ending finished goods inventory for June will be 65 units. It expects the following unit sales for the third quarter: July 560 August 450 September 450 Sixty percent of Shadee’s sales are cash. Of the credit sales, 52 percent is collected in the month of...
Neven expects to have 20,000 units of finished goods inventory on hand on March 31 and...
Neven expects to have 20,000 units of finished goods inventory on hand on March 31 and reports the following expected sales (in units) for the months of April through July: April 120,000 May 140,000 June 150,000 July 120,000 At the end of each month Neven targets ending finished goods inventory to be 20% of the next month’s projected sales (in units). Calculate budgeted production (in units) for May. Each unit requires four (4) pounds of direct materials. The ending inventory...
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 590 sun...
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 590 sun visors in May and 440 in June. Each visor sells for $25. Shadee’s beginning and ending finished goods inventories for May are 85 and 60 units, respectively. Ending finished goods inventory for June will be 50 units. Each visor requires a total of $4.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.50...
Shadee Corp. expects to sell 600 sun visors in May and 420 in June. Each visor...
Shadee Corp. expects to sell 600 sun visors in May and 420 in June. Each visor sells for $16. Shadee’s beginning and ending finished goods inventories for May are 65 and 55 units, respectively. Ending finished goods inventory for June will be 50 units. 1. value: 5.00 points Required information Required: 1. Determine Shadee's budgeted total sales for May and June. 2. Determine Shadee's budgeted production in units for May and June.
Shadee Corp. expects to sell 630 sun visors in May and 360 in June. Each visor...
Shadee Corp. expects to sell 630 sun visors in May and 360 in June. Each visor sells for $16. Shadee’s beginning and ending finished goods inventories for May are 75 and 55 units, respectively. Ending finished goods inventory for June will be 70 units. It expects the following unit sales for the third quarter:       July 530 August 460 September 430 Sixty percent of Shadee’s sales are cash. Of the credit sales, 52 percent is collected in the month of the...
Yandell Company expects to sell 1,650 units of finished product in January and 2,000 units in...
Yandell Company expects to sell 1,650 units of finished product in January and 2,000 units in February. The company has 240 units on hand on January 1 and desires to have an ending inventory equal to 60% of the next month’s sales. March sales are expected to be 2,050 units. Prepare Yandell’s production budget for January and February.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT