Dean Manufacturing expects to produce 12,200 units in January and 13,500 units in February. The company budgets $10 per yard for direct materials and each unit has been budgeted 1 yard of material. The amount of indirect materials needed for production has been determined to be insignificant and will therefore not be considered in the calculation. The balance in the Raw Materials Inventory account (all direct materials) on January 1 is 4,100 yards. The company desires the ending balance in Raw Materials Inventory to be 11% of the next month's direct materials needed for production. What is the cost of the budgeted purchases of direct materials needed for January? A. $95,850 B. $14,850 C. $136,850 OD. $122.000

Answers

Answer 1

The company will need 12,200 yards of direct materials in January (12,200 units x 1 yard per unit = 12,200 yards). The desired ending balance in Raw Materials Inventory for January is 11% of February's direct materials needed, which is 1,485 yards (13,500 units x 1 yard per unit x 11% = 1,485 yards).

Therefore, the company needs to have 12,685 yards of direct materials available at the end of January (12,200 yards needed in January + 1,485 yards needed for February's desired ending balance). The amount of direct materials needed to be purchased in January is the difference between the desired ending balance and the beginning balance, which is 8,585 yards (12,685 yards - 4,100 yards). The cost of these direct materials is $85,850 (8,585 yards x $10 per yard). Therefore, the answer is A. $95,850.
To calculate the cost of the budgeted purchases of direct materials needed for January, follow these steps:

1. Calculate the direct materials needed for February: 13,500 units * 1 yard/unit = 13,500 yards
2. Calculate the desired ending balance for January: 11% * 13,500 yards = 1,485 yards
3. Determine the total direct materials needed for January production: 12,200 units * 1 yard/unit = 12,200 yards
4. Calculate the beginning balance for January: 4,100 yards
5. Determine the total direct materials required for January: 12,200 yards (production) + 1,485 yards (ending balance) - 4,100 yards (beginning balance) = 9,585 yards
6. Calculate the cost of the budgeted purchases of direct materials needed for January: 9,585 yards * $10/yard = $95,850

The cost of the budgeted purchases of direct materials needed for January is $95,850 (option A).

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Answers

Answer:

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Explanation:

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Answers

Answer:

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Question 6 of 10
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Answers

Answer:

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Answer:

C

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C la respuesta es la C ya que


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Answer:

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There is no chart present.

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Answers

Answer:

the GDP of the  European Union is $530,303.030

Explanation:

The computation of the GDP of the  European Union is shown below:

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Hence, the GDP of the  European Union is $530,303.030

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Answers

Answer:

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Answers

Answer:

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Explanation:

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Answers

Answer:

A

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Answers

Explanation:

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Helppp !!

Is a group of customers who share common wants and needs :

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D
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Answers

Answer:

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Answers

Answer:

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Answers

Answer:

The CPA designation isn't required to work in corporate accounting or for private companies. However, public accountants⁠—which are individuals working for a firm, such as Deloitte or Ernst & Young, that provides accounting and tax-related services to businesses—must hold a CPA designation.

Explanation:

Answer:

Prepare audited or reviewed financial statements.

Hope this helps :)

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Answer:

It is either C or D

Explanation:

Answer:

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Answers

Answer:

can result in crushing interest expenses, obtaining a loan for a major purchase

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establish good credit using credit card

Answer:

tile:  Making impulse purchases = pairs: does not require planning

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Answers

Answer: They should not.

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When it comes to the advertising industry, the wishes of the client are not of the highest priority, they are of the second highest priority.

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Answers

Answer:

1. For many solids dissolved in liquid water, the solubility increases with temperature. The increase in kinetic energy that comes with higher temperatures allows the solvent molecules to more effectively break apart the solute molecules that are held together by intermolecular attractions.

2. The Tyndall Effect is the effect of light scattering in colloidal dispersion, while showing no light in a true solution. This effect is used to determine whether a mixture is a true solution or a colloid.


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Answers

Answer:

what education should Benjamin plan

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D) master's degree.

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C. Property value increase is a good thing for homeowners who can now sell at a higher price.

Answer:

D

Explanation:

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Answer:

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It’s False bro trust me

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False.

Explanation:

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Explanation:

Pfizer is the world's largest pharmaceutical firm that's has a wide range in research. Most of their work is dependent on research they carry out, strategies they have developed from the research and innovation they put in place.

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This arrangement would work for many other firms, as most firm have started planning towards working remotely, and many have started out the process already.

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