The numbers in red box are incorrect answers. please help me find the right answ
ID: 2563231 • Letter: T
Question
The numbers in red box are incorrect answers. please help me find the right answer.
On lanuary 1, 2017, the Handn Compary budget commtbee hs resched agreement on the followng data for the & monthe ending June 30. 2017 first quarter 5,800; second quarter 5,600; thrd quarter 7,600 tan matirwa nvertory: Eding firished goods inventory: 40% of the rest aurtin proacten recur mrs 2586 7,780 unts | the rest quarter's expected sales ints The endrig raw materials and firashed goods inventonesDecember 31, 20te, friw the urre perreres e re non hos to pro oton and s s thr oor n arr a oeund trin male air goods Raw materials purcthased sre expected to cost s4 per pound resn onsh ps to producion and sakes thor ooour in 2033 4 cunds of tam matunaExplanation / Answer
Answer
Q1
Q2
Units to be produced
6000
6850
Direct material pounds per unit
4
4
Requirement of RM
24000
27400
Add:
Closing inventory
[27400 x 40%] 10960
[31120 x 40%] 12448
Total material (in pounds) required
34960
39848
Less:
Opening inventory
9600
10960
To be purchased
25360
28888
Cost per pounds of RM
4
4
Total Cost of Direct materials purchases
101440
115552
216992
Q1
Q2
Units to be produced
6000
6850
Direct material pounds per unit
4
4
Requirement of RM
24000
27400
Add:
Closing inventory
[27400 x 40%] 10960
[31120 x 40%] 12448
Total material (in pounds) required
34960
39848
Less:
Opening inventory
9600
10960
To be purchased
25360
28888
Cost per pounds of RM
4
4
Total Cost of Direct materials purchases
101440
115552
216992
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.