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koban [17]
3 years ago
8

Rhett corporation manufactures and sells dress shirts. each shirt (unit) requires 3 yards of cloth. selected data from rhett's m

aster budget for next quarter are shown below: april may june budgeted sales (in units) 26,000 28,000 32,000 budgeted production (in units) 28,000 32,000 36,000 desired ending inventory of cloth (in yards) 2,100 2,800 3,000 how many yards of cloth should rhett plan on purchasing in may?
Business
1 answer:
marissa [1.9K]3 years ago
4 0

Rhett corporation's  Plan on budgeted purchasing in may is 97,600 yards

Explanation:

Opening inventory of May = Closing inventory of April = 2100 yards

Budgeted production of May = 32,000 units

Closing inventory of May  = 2800 yards

Required inventory for producing 32,000 units

= 32,000 × 3 yards (per unit production of shirt) = 96,000 yards

 Plan on purchasing in may

 = Total yards needed - opening inventory + closing inventory

 = 96,000 - 2100 + 2800 = 97,600 yards

= 96,000 - 2100 + 2800 = 97,600 yards

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The entry is record in book as

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The total amount of firm profit after deducting all taxes, costs, and interest is referred to as "net income."

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Profit ($460,500)         92100    184200 184200

As a result,  Mo is  92100;  Lu is 184200; Barb is 184200 as profit.

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Which of the following are amortizable organizational expenditures? Group of answer choices Professional fees to issue the corpo
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Answer:

The answers are:

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