direct material budget 1

Are you pressed for time and haven’t started working on your assignment yet? Would you like to buy an assignment? Use our custom writing services for better grades. Even if your deadline is approaching fast, our writers can handle your task right when you need it.

Order a Similar Paper Order a Different Paper

Refer to Exercises 7-3 and 7-4 in your textbook and answer the questions that follow. Your response should be 2 to 3 pages long, including attachments, and follow APA format.

Hospitable Co. provides the following sales forecast for the next four months:

April May June July

Sales (units). . . . . . . .500 580 540 620

The company wants to end each month with ending finished goods inventory equal to 25% of next month’s sales. Finished goods inventory on April 1 is 190 units. Assume July’s budgeted production is 540 units. Prepare a production budget for the months of April, May, and June.

Refer to the information in Exercise 7-3. In addition, each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month’s production needs. Beginning raw materials inventory for April was 663 pounds. Assume direct materials cost $4 per pound. Prepare a direct materials budget for April, May, and June.

Exercise 7-4 Manufacturing: Direct materials budget P1

PS Only peer reviewed references (6) allowed, citations if used MUST match references.

Most students find it hard to finish papers at some point in their studies. If it ever happens to you, don’t get desperate—we have a service for every writing emergency! Whether you’re stuck with a problem, equation, or a piece of creative writing, we will definitely come to your rescue. Fill in the order form with the details of your paper. Write your personal instructions so we can meet your expectations.

Order a Similar Paper Order a Different Paper