Win Corporation sells a single product. Budgeted sales for the year are anticipa

Question

Win Corporation sells a single product. Budgeted sales for the year are anticipated to be 622,943 units, estimated beginning inventory is 104,899 units, and desired ending inventory is 80,231 units. The quantities of direct materials expected to be used for each unit of finished product are given below. Material A .50 lb. per unit @ $0.75 per pound Material B 1.00 lb. per unit @ $2.27 per pound Material C 1.20 lb. per unit @ $1.66 per pound What is the dollar amount of direct material C used in production during the year? Select the correct answer. $1,358,084 $1,191,764 $233,604 $224,353

Explanation / Answer

production required budgeted sales 622,943 Add ending inventory 80,231 less Beginning inventory -104,899 production required 598,275 Material c production required 598,275 lb per unit 1.2 total pounds required 717930 cost per pound 1.66 total cost of material 1191764 answer

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

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