Find how much clay should be purchased in september

Assignment Help Cost Accounting

Reference no: EM1374031

Larsen Company manufactures and sells a single product, widgets. Three pounds of clay are required to make one widget. Budgeted production of widgets for the subsequently few months follows:
September 58,000 units

October 62,000 units

The company needs to maintain monthly ending inventories of clay equal to 20% of the subsequent month's production required. On August 31, 18,000 pounds of clay were on hand.

Instructions

Find how much clay should be purchased in September?

Reference no: EM1374031

Questions Cloud

Draft a dfd for patient admission in a hospital : Information flow diagrams provide a way for the system to be broken down into manageable parts beginning with a general context and moving into more detail. Draft a DFD (Information flow diagrams) for Patient admission in a hospital.

Explain and defend the presentation appraisal system : Explain and defend the presentation appraisal system you propose for your position, being sure it addresses altogether concerns

Illustrate what is the multifactor productivity ratio : Illustrate what is the multifactor productivity ratio. Compared to the result obtained, did productivity increase or decrease for the course process.

Make a supply and demand graph for digital cameras : Over the past 3-years, as the result of reducing values for digital cameras, the price of developing traditional 35mm film has increased 5 percent yearly.

Find how much clay should be purchased in september : The company needs to maintain monthly ending inventories of clay equal to 20% of the subsequent month's production required. On August 31, 18,000 pounds of clay were on hand.

Individually parties are adults the contract is oral : Individually parties are adults, the contract is oral as well as the painting is still in progress. Corelli recompenses shelly the $2, 500 in return for her potential to delivered the painting to his home

Formulate the problem as a linear programming model : Formulate the problem as a linear programming model, where Glue-all Industrial would like to achieve the highest possible profit if the profit on a litter of IC-100 is R3000 and the profit on IC-200 is R4200.

Evaluate the slope and the cost : Evaluate the slope then explain what it means in terms of the rate of change of the dependent variable per unit change in the independent variable.

Illustrate what is the largest standard deviation : Specifications for the 12-ounce bar are 330 grams to 350 grams. Illustrate what is the largest standard deviation (in grams) that the machine that fills the bars molds can have and still be considered capable if the average fill is 340 grams.

User Account

All Pages