Business, 15.10.2019 20:10 swaggg8300

Trevor inc. manufactures model airplane kits and projects production at 150, 530, 300, and 750 kits for the next four quarters. manufacturing information: direct materials are 4 ounces of plastic per kit and the plastic costs $2 per ounce. indirect materials are considered insignificant and are not included in the budgeting process. beginning raw materials inventory is 900 ounces, and the company desires to end each quarter with 30% of the materials needed for the next quarter's production. trevor desires a balance of 260 ounces in raw materials inventory at the end of the fourth quarter. each kit requires0.50hours of direct labor at an average cost of $30 per hour. manufacturing overhead is allocated using direct labor hours as the allocation base. variable overhead is $0.25 per-kit, and fixed overhead is $150 per quarter. prepare trevor 's direct materials budget, direct labor budget, and manufacturing overhead budget for the year. round the direct labor hours needed for production, budgeted overhead costs, and predetermined overhead allocation rate to two decimal places. round other amounts to the nearest whole number. begin by preparing trevor 's direct materials budget.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 18:30

2. high-glow currently produces 1,000 bicycles per month. the following per unit data apply for sales to regular customers: direct materials $50 direct manufacturing labor 5 variable manufacturing overhead 14 fixed manufacturing overhead 10 total manufacturing costs $79 the plant is experiencing demand shortage and is considering reducing production to 800 bicycles. what is the per unit cost of producing 800 bicycles? a) $79 per unit b) $81.50 per unit c) $74 per unit d) $69 per unit

Answers: 2

Answer

Business, 22.06.2019 16:40

Based on what you learned about time management which of these statements are true

Answers: 1

Answer

Business, 22.06.2019 20:00

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above

Answers: 3

Answer

Business, 22.06.2019 21:10

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?

Answers: 3

Answer

You know the right answer?

Trevor inc. manufactures model airplane kits and projects production at 150, 530, 300, and 750 kits...

Questions