just answer Required 3 x\\ G EXERCISE 8-7 Cash Bud Google Translate \\ M Inbox -

Question

just answer Required 3

x G EXERCISE 8-7 Cash Bud Google Translate M Inbox -bhast254@mail Connect C Secure https:/newconnect.mheducation.com/flow/connect.html Help Save Saved Chapter 8 Homework 2 Asia. Three cubic centimeters Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East uired to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements points a. The finished good s inventory on hand at the end of each month must equal 3,000 units of Supermix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 13,250 units eBook b. The raw materials inventory on hand at the end of each morth must equal one-half of the following month's production needs for References raw materials. The raw materials inventory on June 30 is budgeted to be 63,375 cc of solvent H300 c. The company maintains no work in process inventories A monthly sales budget for Supermix for the third and fourth quarters of the year follows Budgeted Unit Sales 41,800 46,800 56,000 36,000 26,000 16,080 August September October December Required: 1. Prepare a production budget for Supermix for the months July August, September, and October 3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July. August, and September, and for the quarter in total Complete this question by entering your answers in the tabs below

Explanation / Answer

Direct material budget :

July August september Third quarter Budgeted production units of finished goods 42250 48500 51000 141750 Units of raw material needed per unit of finished goods 3 3 3 3 Units of raw material needed to meet production 126750 145500 153000 425250 Add; Desired ending inventory 72750 76500 50250 50250 Total needs 199500 222000 203250 475500 Less: Beginning inventory (63375) (72750) (76500) (63375) Units of raw material to be purchased 136125 149250 126750 412125

Related Questions

Navigate

• Browse (All)
• Browse J
• Subjects

---

---

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