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Score: 0.33 of 1 pt 2 of5 (3 complete) E9-21 A (similar to) Juda Industries manu

ID: 2576206 • Letter: S

Question

Score: 0.33 of 1 pt 2 of5 (3 complete) E9-21 A (similar to) Juda Industries manufactures a popular interactive stuffed animal for children that requires four computer chips inside each to computer chip Juda Industries has a policy that states that the ending inventory of computer chips should be at least 25% of as follows (Click the icon to view the production schedule) Requirement Prepare a direct materials budget for the first quarter that shows both the number of computer chips needed and the dollar ar Juda Industries Direct Materials Budget For the Months of January through March January February March Quarter Units to be produced Multiply by: Quantity of direct materials needed per unit Quantity needed for production Plus Desired ending inventory of direct materials Total quantity needed Enter any number in the edit fields and then click Check Answer part

Explanation / Answer

Q2

Q4

Direct Material Budget Jan FEB Mar Apr Quarter (JAN - MAR) units to be produced                                       (A) 5400 4100 4400 4500 quantity of Direct material per unit          (B) 4 4 4 4 Quantity needed for production (A*B)      C 21600 16400 17600 18000 closing Stock = 25% of next Month production     (D) 4100 (25% of 16400) 4400 4500 total quantity needed (C+D) 25700 20800 22100 68600 cost per unit 2 2 2 total amount   = total quantity * cost per unit 51400 41600 44200 137200
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