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Rudik [331]
3 years ago
13

BrambleCompany is preparing its master budget for 2017. Relevant data pertaining to its sales, production, and direct materials

budgets are as follows. Sales. Sales for the year are expected to total 2,000,000 units. Quarterly sales are 18%, 26%, 23%, and 33%, respectively. The sales price is expected to be $38 per unit for the first three quarters and $45 per unit beginning in the fourth quarter. Sales in the first quarter of 2018 are expected to be 15% higher than the budgeted sales for the first quarter of 2017. Production. Management desires to maintain the ending finished goods inventories at 25% of the next quarter’s budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $10 per pound. Management desires to maintain raw materials inventories at 10% of the next quarter’s production requirements. Assume the production requirements for first quarter of 2018 are 504,000 pounds.
Business
1 answer:
Marysya12 [62]3 years ago
3 0

Answer:

*Expected sales units= 20% of next quarter's unit sales

*Estimated first quarter 2018 sales units : 210000+(210000*10%) =231,000 : 231000*20%

*Beginning inventory for first quarter = 20% of estimated first qurter's sale = 210000*20%= 42000

Explanation:

* desired ending direct material for qtr 4 = 499000*10% =49900

* beginning direct material for qtr-1 = 436000*10% =43600

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Answer:

Predetermined manufacturing overhead rate= $5.275 per machine-hour

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Giving the following information:

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To calculate the predetermined manufacturing overhead rate we need to use the following formula:

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4 0
4 years ago
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3 years ago
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Bad White [126]

Answer:

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4 0
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3 years ago
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