Prepare ensinada purchases budgets for wax

Assignment Help Accounting Basics
Reference no: EM131829297

Question - Ensnada Mfg. Co, rpoduces candles that contain four raw materials: wax, dye, scented oil and a wick. Each candle usues eight ounces of wax and one ounce of die, which Ensinada purchase for $0.15 and $0.02 per ounce, respepctively. Ensinada ends each month with enough wax to manufature 10 percent of the following months production needs; desired ending inventory for die is 15 percent of the following months production needs. Production for July is calculated at 41, 775 units.

Required: Prepare Ensinada's purchases budgets for wax and die for each month of the second quarter and the total for the second quarter of 2010.

Reference no: EM131829297

Questions Cloud

Present the empirical evidence and with the help : In this section you should present the empirical evidence and with the help of some microeconomic tools, you should explain rationally what happens in reality
Complements in consumption with the output and pricing : Compare and contrast the output and pricing decisions a firm that produces two products that are complements in consumption with the output and pricing decision
Describe the trends in the non-alcoholic beverage industry : Describe the trends in the non-alcoholic beverage industry, especially the specific type of beverage category you have chosen.
Access charge in order to maximize profit : Explain why this is the case. Then, explain how these clubs should set their usage fee and access charge in order to maximize profit.
Prepare ensinada purchases budgets for wax : Prepare Ensinada's purchases budgets for wax and die for each month of the second quarter and the total for the second quarter of 2010
Construct a box plot to represent the data : Construct a box plot to represent the data. Comment on the distribution. Be sure to identify the first and third quartiles and the median.
What topic do you want to study in more detail : What topic do you want to study in more detail? Outline what you would say to a company President about the need to consider this topic for her organization.
Determine the median and the values corresponding : Determine the median and the values corresponding to the first and third quartiles in the following data.
Prepare an income statement for kagawa company : Kagawa's taxable income from the tax return is $100,000. Prepare an income statement for Kagawa Company for 2009, including earnings -per-share section

Reviews

Write a Review

Accounting Basics Questions & Answers

  Jan 1 retired a piece of machinery that was purchased on

jan. 1 retired a piece of machinery that was purchased on january 1 2002. the machine cost 62000 and had a useful life

  Ashton martin is a student who plans to attend

ashton martin is a student who plans to attend approximately four professional events a year at her college. each event

  Management has been meeting about different scenarios

Management has been meeting about different scenarios they have considered to increase sales and improve profitability.

  What was the cost of sales for the first quarter of the year

The company produced 40,000 pairs of shoes and sold 35,000 pairs. What was the cost of sales for the first quarter of the year

  Seldin company owns a royalty interest in an oil well what

seldin company owns a royalty interest in an oil well. the contract stipulates that seldin will receive royalty

  Discuss what the cost flow methods are to value inventory

Explain and describe what the 3 cost flow methods are to value inventory. Also explain if or does the cost flow assumption used to value the inventory

  Summarize the total drying and packaging department costs

Using the weighted-averages method, summarize the total Drying and Packaging department costs for week 37, and assign total costs to units completed

  A company is considering investing in an exercise machine

a company is considering investing in an exercise machine that costs 5000 and would increase revenues by 1500 a year

  What is the value in year

What is the value in year 9 of a $1,400 cash flow made in year 4 if interest rates are 10 percent

  Suppose that the space mohave currently uses to make the

mohave corp. is considering outsourcing production of the umbrella tote bag included with some of its products. the

  Describe what will happen if the stock is not in equilibrium

The beta coefficient for Stock C is bC 0.4, whereas that for Stock D is bD 0.5. (Stock D's beta is negative, indicating that its rate of return rises.

  Camey corporation purchased delivery equipment on january 1

camey corporation purchased delivery equipment on january 1 at a cost of 300000. the equipment is expected to have a

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!

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