Ask Question
BusinessBusiness
14 January, 06:29

Direct co. determines that 48,000 pounds of direct materials are needed for production in may. there are 3,000 pounds of direct materials on hand at july 1 and the desired ending inventory is 1,800 pounds. if the cost per unit of direct materials is $2, what is the budgeted total cost of direct materials purchases? 98,400

+1
Answers (1)
  1. 14 January, 08:32
    0
    Budgeted total cost of direct material purchases

    Production usage (In pound) 48,000

    Desired Closing Inventory 1,800

    49,800

    Opening Inventory (3,000)

    Material Purchases (In pound) 46,800

    Material Purchase cost ($) 93,600
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Direct co. determines that 48,000 pounds of direct materials are needed for production in may. there are 3,000 pounds of direct materials ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Pharoah Company purchased a delivery truck. The total cash payment was $36,086, including the following items.
Answers (1)
A taxpayer places a $1,050,000 5-year recovery period asset in service in 2019. This is the only asset placed in service in 2019.
Answers (1)
A C corporation earns $ 9.20 per share before taxes and the company pays a dividend of $ 4.00 per share. The corporate tax rate is 39%, the personal tax rate on dividends is 15%, and the personal tax rate on non-dividend income is 36%.
Answers (1)
Determine the net income of a company for which the following information is available for the month of September. Service revenue $ 300,000 Rent expense 48,000 Utilities expense 3,200 Salaries expense 81,000
Answers (1)
A person should consume more of something when its marginal A. cost equals its marginal benefit. B. benefit is still positive. C. cost exceeds its marginal benefit. D. benefit exceeds its marginal cost
Answers (1)
New Questions in Business
Equity theory is the principle that when jobs are distinctly different but entail similar levels of ability, responsibility, skills, and working conditions, they are of equal value and should have the same pay scale. True False
Answers (1)
Which of the following situations will likely result in the highest price for a good? -high demand and high supply -low demand and high supply -low supply and low demand -low supply and high demand
Answers (1)
Which statement is not true? 26% of fortune 500 CEOs are women More than 50% of all professional level jobs are healed by women 8.1% of the top earners or women 4.6% of fortune 500 CEOs are women
Answers (1)
If in response to a spreading recession, the President calls for an increase in investment spending by businesses, which of the following would be the best policy mix to accomplish this goal without increasing the output level?
Answers (1)
How taxation and legislation impact positively (contribute to the company's success) and negatively (can lead to failure) on the company you visited
Answers (1)
Home » Business » Direct co. determines that 48,000 pounds of direct materials are needed for production in may. there are 3,000 pounds of direct materials on hand at july 1 and the desired ending inventory is 1,800 pounds.
Sign Up Forgot Password?