Business, 24.06.2021 19:10 tyanadashay99

Ruiz Co. provides the following sales forecast for the next four months April MayJune July 810 Sales (units) 690 770 720 The company wants to end each month with ending finished goods inventory equal to 40% of next month's forecasted sales. Finished goods inventory on April 1 is 276 units. Assume July's budgeted production is 720 units. In addition, each finished unit requires five pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to 40% of next month's production needs. Beginning raw materials inventory for April was 1,444 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the nearest whole dollar amount.)
RUIZ CO
Direct Materials Budget
For April, May, and June
April May June
Budgeted production (units) 722 units
Materials requirements per unit
Materials needed for production 5 (lbs.)
Budgeted ending inventory (Ibs.)
Total materials requirements (lbs.)
Beginning inventory (lbs.)
Materials to be purchased (Ibs.)
Cost per lb.
Total budgeted direct materials cost $ 4 $4 $ 4per lb.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:30, bigsmokedagangsta

Iam trying to get more members on my blog. how do i do that?

Answers: 2

continue

Business, 22.06.2019 09:30, Yvette538

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers: 3

continue

Business, 22.06.2019 13:40, nina1390

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.

Answers: 1

continue

Business, 22.06.2019 23:30, keltaylor

Lucido products markets two computer games: claimjumper and makeover. a contribution format income statement for a recent month for the two games appears below: claimjumper makeover total sales $ 30,000 $ 70,000 $ 100,000 variable expenses 20,000 50,000 70,000 contribution margin $ 10,000 $ 20,000 30,000 fixed expenses 24,000 net operating income $ 6,000 required: 1. compute the overall contribution margin (cm) ratio for the company.. 2. compute the overall break-even point for the company in dollar sales. 3. complete the contribution format income statement at break-even point for the company showing the appropriate levels of sales for the two products. (do not round intermediate calculations.)

Answers: 1

continue

You know the right answer?

Ruiz Co. provides the following sales forecast for the next four months April MayJune July 810 Sales...