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NARA [144]
4 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]4 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

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3 years ago
Carlos is a salesperson for an industrial equipment company. Carlos calls on manufacturers and spends most of his time talking w
Andru [333]

Answer:

The correct answer is letter "A": Determining other purchase decision influencers.

Explanation:

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5 0
4 years ago
A company manufactured 50,000 units of a product at a cost of $450,000. It sold 45,000 units at $15 each. The gross profit is___
Sati [7]

Answer:

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= $ 9

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= $ 405,000

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Explanation:

Refer to the answer.

4 0
4 years ago
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Answer:

Correcting Entry

March 8         Dr.       Cr.

Supplies     $664

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Account Payable   $64

Explanation:

Entry Should be

March 8         Dr.       Cr.

Supplies     $664

Account Payable  $664

Entry Recorded

March 8         Dr.       Cr.

Equipment  $600

Account Payable  $600

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3 0
3 years ago
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givi [52]

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