Answer:
696,325 Pounds
Explanation:
The computation of the direct material purchase budget is given below:
Here we assume that
one pound = 16 ounces
Now total wax needed is
= Production of Finished Goods × Pounds of wax needed for production
= 730,000 candles × 11 ÷ 16
= 501,875 pounds
Now
Total direct material purchased = (Total Wax needed + Ending Inventory, Jan.31 - opening inventory) × unit price
= (490,625 Pounds + 12,900 pounds - 17,400 pounds) × $1.40 per pound
= 696,325 Pounds
Answer:
B) 86,000
Explanation:
The computation of the equivalent units related to material is shown below:
= Units completed × percentage + ending work in process units × percentage
= 79,000 dolls × 100% + 7,000 dolls × 100%
= 79,000 dolls + 7,000 dolls
= 86,000 dolls
The equivalent units include completed & transferred units and ending units of work in process inventory
Answer:
The solution is shown in the file attached below
hope it helps your question.
Explanation:
Answer:
How will these two transactions affect the control and subsidiary accounts?
Explanation:
the control, account.
Accounts Receivable, will be increased with debit of $7,700