User Account

All Pages

How many kgs of sugar will be purchased in July

Assignment Help Accounting Basics
Reference no: EM132549557

Question - Following information is available about Dhaka Ice Cream.

It has budgeted sales of 500,000 units in July, 650,000 units in August, 600,000 units in September.

One unit of ice cream requires 0.3 kg of milk and 0.15 kg of sugar.

On July 1, they have 100,000 units of finished products (i.e. ice cream that is completely ready to be sold). Additionally, they have 39,750 kgs of milk, and 19,875 kgs of sugar in raw materials inventory in July 1.

The company has a policy that ending balance of finished goods inventory should be equal to 20% of next month's sales; and that ending balance of raw materials inventory (for each kind of raw material) should be equal to 25% of next month's needs. How many kgs of sugar will be purchased in July? Milk and sugar cost Tk 60 and Tk 35 per kg respectively, what will be the total material purchases in?

Reference no: EM132549557

Questions Cloud

Plot the income and expense equations on a set of axes : A company manufactures widgets that it sells for $270 each. Plot the income and expense equations on a set of axes
Write in-depth summary on monsoon wedding : Write in-depth summary on "Monsoon Wedding." What specific scenes in the movie relate to a negotiation tactic/style you learned in this class?
How much will the profit calculated using absorption costing : By how much will the profit calculated using absorption costing principles differ from the profit if marginal costing principles had been used?
Up from slavery A realism writing and A criticism writing : Up from slavery A realism writing and A criticism writing - 1 page / half realism and half criticism
How many kgs of sugar will be purchased in July : How many kgs of sugar will be purchased in July? Milk and sugar cost Tk 60 and Tk 35 per kg respectively, what will be the total material purchases in
How you use video when working with others to coach them : Research and locate a coaching or mentoring motivational video. What components of the video appealed to you? How could you use this video when working.
Current company you work for have mission statement : Does the current company you work for have a mission statement? If you do not currently work for a company, consider the last company you worked for.
Explain the organizational losses in terms of money : Ethically questionable or unacceptable use of information technology includes individuals who hack into others' systems and steal information, organizations.
Determine the income and expense equations : The cost to manufacture each widget is $160 and the company has weekly overheads of $3,300. From this: (a) determine the income and expense equations

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