1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NARA [144]
3 years ago
9

Teller Co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during May. Each box of tile re

quires 44 pounds of clay mix and a quarter hour of direct labor. Clay mix costs $0.40 per pound and employees of the company are paid $12.00 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Teller has 3,900 pounds of clay mix in beginning inventory and wants to have 4,500 pounds in ending inventory. What is the total amount to be budgeted in pounds for direct materials to be purchased for the month? g
Business
1 answer:
BartSMP [9]3 years ago
7 0

Answer:

38880

Explanation:

Budgeted sales -870 boxes

Each box requires 44 pounds of clay

Opening inventory of clay = 3900 pounds

Closing inventory of clay = 4500 pounds

Clay mix cost - $0.40

Labor rate = $12/hr

Monthly purchase = budgeted sales  + closing inventory - opening inventory

(870*44) + 3900 - 4500

38280 +4500 - 3900 = 38,880

You might be interested in
Match the cost variance component to its definition.
Komok [63]

Answer:

1. D

2. A

3. C

4. B

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

The various types of cost variance components and their definition includes the following;

1. Standard price: the expected price

2. Actual quantity: the input used to manufacture the quantity of output

3. Actual price: the amount paid to acquire input

4. Standard quantity: the expected input for the quantity of output

3 0
2 years ago
"i can do well in a challenging situation without being a credit to my race
MA_775_DIABLO [31]
Is this supposed to be a question?
7 0
3 years ago
Read 2 more answers
Which is a benefit of entrepreneurship?
Dmitrij [34]
I I’m not sure but I think B
4 0
2 years ago
Today the economic systems of most nations could accurately be classified as
geniusboy [140]

<span>The answer is </span>

<span>Mixed economies</span>

5 0
3 years ago
Jenn wants to move to a place where she can stat her own coffee shop and use a bus train or subway to get to work everyday. Whic
lozanna [386]
<h2>Answer</h2>

Mixed Economic System

<h3>Explanation</h3>

Jenn wants the concept of private ownership when it comes down to establishing her own coffee shop and this therefore results in call for rights to ownership. On the other hand, she looks forth to availing various subsidized facilities such as that offered in the bus and subway network. The combination of both economic systems can be found in the Mixed Economic Structure.

5 0
2 years ago
Other questions:
  • A truck acquired at a cost of $69,000 has an estimated residual value of $12,000, has an estimated useful life of 300,000 miles,
    11·1 answer
  • In Agile projects early risk planning, assessment and response planning is done at a high level, and more detailed and timely ri
    13·1 answer
  • Great Southeast ​Company's Cash account shows an ending balance of $ 720. The bank statement shows a $ 26 service charge and an
    9·1 answer
  • Which factors play a role in purchasing insurance? Check all that apply. the consumer’s age and current lifestyle the price of t
    8·1 answer
  • Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
    12·1 answer
  • Suppose that a nation has a GDP of 1.0 trillion dollars in 2000. If a country grows at an average rate of 3.0 % per year over a
    12·1 answer
  • To overcome possible problems with budgets that are developed only by top level managers, an alternative is to use: A. Mandatory
    6·1 answer
  • Oldham Corporation bases its predetermined overhead rate on a variable manufacturing overhead cost of $4.00 per machine-hour and
    15·1 answer
  • The provision of accounting information for internal users is known as
    15·1 answer
  • Kim, Chris, and Beth are all partners in a cosmetics firm. Kim is leaving the partnership and wants to sell her shares of the bu
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!