User Account

All Pages

Do the production budget

Assignment Help Accounting Basics
Reference no: EM132643748

Question - When working on this assignment do the production budget first and then the material budget. Set up the below to get you started Production Budget

July August

Sales 8000 8700

Add: closing inventory(40% of Next month sales) 3480 3040

Total inventory required 11480 11740

Less: Beginning Inventory -3200 -3480

Production Required 8280 8260

Material purchase Budget

July August October

Production Required 8280 8260

x DM req per unit 12 12

DM required of production 99360 99120

Add: Budgeted Ending DM 30% 29736

Less: Beginning DM 29808

Budgeted DM purchase 99288

Cost per foot $0.70

Budgeted DM purchase in $ $69,501.60

Reference no: EM132643748

Questions Cloud

How much is in account on the date of the last deposit : Robyn deposits $6830 at the end of each year for 14 years in an account that credits interest at an effective annual interest rate of 5.2%.
How would phelps initially measure the lease receivable : How would Phelps initially measure the lease receivable, and how would Walsh initially measure the lease liability and right-of-use asset?
What is the present value of smith winnings : He will receive the first payment now, and subsequent payments at one-year intervals. What is the present value of Smith's winnings, at an annual interest rate
Justify the value of marketing plans as instruments : Justify the value of marketing plans as instruments that compel marketers to think about upcoming periods, perform routine marketing analyses and audits.
Do the production budget : When working on this assignment do the production budget first and then the material budget. Set up the below to get you started Production Budget
Compute the benefit-cost ratio for the individual : Compute the benefit/cost ratio for the individual if he alone removed the 100 stones.
What is the stock hpr : A stock is currently selling for $92.45 and is expected to sell for $109.07 in 1 year. If the company pays a dividend of $2.98 what is the stock's HPR?
Find out the risk premium inflation : Explain what happens to a risk premium if inflation is not accounted for and adjustments are not made for taxes.
Determine income on a cash basis : The data relates to Jones Company for the year ended December. Determine income on an accrual basis. Determine income on a cash basis.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd