Manuflacturing produces seit watering planoars for use in upecale setail estabil

Question

Manuflacturing produces seit watering planoars for use in upecale setail estabilishments, Salies prcjectons for the frst fve morths of the upcoming year show the estimabed unit sales of the planters each month to be as f ows (Clkick the icon to view additional information) Inventory at he start of the year ws 775 planters. The desired inventory of pianters at the end of each month shoukd bo equal to The company warts to huive 20% of the polypropylene required for nexi mont's production on hand at the end of each mont The polypropylene cots 0.20 per Read the reauirements 20% of the tollowing morth's botgeted saies. Each planter requires thre pounds of po?yaropyliene (a type of plesc) Dea Table Requirement 1.Prepare a production budget for each month in the Sst quster of the year, inouding production in units for each month and for the quarler Juda Manufacturing Produetion Budget For the Months of January through March 3,100 ,200 3,000 4200 January February March Quarter March, Apri Plus Desied ending invennory Total needed Less: Begiening inventory Units to produce Requirement 2. Prepare a dvect materials budget for the pelypropylene for each month in the frst quarter of the year, including the pounds of polypropylene r Star by preparing the direct materia's buiget trough the tctal quantity neoded, then complete the budget Pint Done required and the total cost of the polypropylene to be purchased. Requiremeants 1. Prepare a production budget for esch month in the fest quater ef the year, 2. Prepare a direct materials budget for the polypropylene for each month in the Units to be preduced ndluding production in unis for esch month and for the ouarter frit quarter of the year inoluding te pounds of polypropylene required and the lotal cost of the polypropylare to be purchaset Enter any number in the edit fele

Explanation / Answer

Juda Manufacturing

Direct materials budget

For the month of January through March

January

February

March

Quarter

Units to be produced

3100

3200

3000

9300

Multiplied by: Quantity of direct materials needed per unit (3 pounds)

9300

9600

9000

27900

Quantity needed for production

9300

9600

9000

27900

Add: Desired ending inventory

1920

1800

2520

6240

Total quantity needed

11220

11400

11520

34140

Less: Opening inventory

1860

1920

1800

5580

(3100x20%) x3

Quantity to purchase

9360

9480

9720

28560

Cost per pound

0.2

0.2

0.2

0.2

Total cost of direct material purchases

1872

1896

1944

5712

(Quantity to purchase x 0.20)

Ending inventory:

January: (3200 x 20%) x 3= 1920

February: (3000 x 20%) x 3= 1800

March: (4200 x 20%) x 3= 2520

Juda Manufacturing

Direct materials budget

For the month of January through March

January

February

March

Quarter

Units to be produced

3100

3200

3000

9300

Multiplied by: Quantity of direct materials needed per unit (3 pounds)

9300

9600

9000

27900

Quantity needed for production

9300

9600

9000

27900

Add: Desired ending inventory

1920

1800

2520

6240

Total quantity needed

11220

11400

11520

34140

Less: Opening inventory

1860

1920

1800

5580

(3100x20%) x3

Quantity to purchase

9360

9480

9720

28560

Cost per pound

0.2

0.2

0.2

0.2

Total cost of direct material purchases

1872

1896

1944

5712

(Quantity to purchase x 0.20)

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.