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A company is working on their budgets for the year 2021. They produce two unique products= Degreaser and Polish. The Degreaser has two Raw Materials: soap and baking soda. The Polish also has two Raw Materials: ketchup and salt. The table below has a few of their expectations for 2021. Expected Finished Goods to produce in 2021 Raw Materials used in production of Soap: 4.7 oz at $0.568 per oz 4 one unit of Degreaser Baking Soda: 7.4 oz at $0:390 per oz Raw Materials used in production of Ketchup: 1.0 oz at $0.550 per oz one unit of Polish Salt: 7.0 oz at $0.406 per oz Estimated beginning quantities of Raw Materials Inventory Desired ending quantities of Raw Materials Inventory Degreaser: 8,150 units Polish: 33,302 units Estimated beginning quantities of Finished Goods Inventory Desired ending quantities of, Finished Goods Inventory Soap: 1,970.9 oz Baking Soda: 2,334.0 oz Ketchup: 30,374.3 oz Salt: 46,104.5 oz Soap: 1,067.0 oz Baking Soda: 2,793.1 oz Ketchup: 35,470.5 oz Salt: 43,361.7 oz Degreaser: 12,117 units Polish: 22,388 units Degreaser: 14,970 units Polish: 23,688 units What is the dollar value of budgeted soap purchases? (Round your calculations to a level that makes sense for the situation. Enter your final answer to the nearest whole dollar/input code: 0)

A company is working on their budgets for the year 2021. They produce two unique products= Degreaser and Polish. The Degreaser has two Raw Materials: soap and baking soda. The Polish also has two Raw Materials: ketchup and salt. The table below has a few of their expectations for 2021. Expected Finished Goods to produce in 2021 Raw Materials used in production of Soap: 4.7 oz at $0.568 per oz 4 one unit of Degreaser Baking Soda: 7.4 oz at $0:390 per oz Raw Materials used in production of Ketchup: 1.0 oz at $0.550 per oz one unit of Polish Salt: 7.0 oz at $0.406 per oz Estimated beginning quantities of Raw Materials Inventory Desired ending quantities of Raw Materials Inventory Degreaser: 8,150 units Polish: 33,302 units Estimated beginning quantities of Finished Goods Inventory Desired ending quantities of, Finished Goods Inventory Soap: 1,970.9 oz Baking Soda: 2,334.0 oz Ketchup: 30,374.3 oz Salt: 46,104.5 oz Soap: 1,067.0 oz Baking Soda: 2,793.1 oz Ketchup: 35,470.5 oz Salt: 43,361.7 oz Degreaser: 12,117 units Polish: 22,388 units Degreaser: 14,970 units Polish: 23,688 units What is the dollar value of budgeted soap purchases? (Round your calculations to a level that makes sense for the situation. Enter your final answer to the nearest whole dollar/input code: 0)

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 5EB: Cloud Shoes manufactures recovery sandals and is planning on producing 12.000 units in March and...
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A company is working on their budgets for the year 2021. They produce two unique products: Degreaser and Polish. The Degreaser has two Raw Materials: soap and baking soda. The Polish also has two Raw Materials: ketchup and salt. The table below has a few of their expectations for 2021. Expected Finished Goods to produce in 2021 Raw Materials used in production of Soap: 4.7 oz at $0.568 per oz 4 one unit of Degreaser Baking Soda: 7.4 oz at $0:390 per oz Raw Materials used in production of Ketchup: 1.0 oz at $0.550 per oz one unit of Polish Salt: 7.0 oz at $0.406 per oz Estimated beginning quantities of Raw Materials Inventory Desired ending quantities of Raw Materials Inventory Degreaser: 8,150 units Polish: 33,302 units Estimated beginning quantities of Finished Goods Inventory Desired ending quantities of, Finished Goods Inventory Soap: 1,970.9 oz Baking Soda: 2,334.0 oz Ketchup: 30,374.3 oz Salt: 46,104.5 oz Soap: 1,067.0 oz Baking Soda: 2,793.1 oz Ketchup: 35,470.5 oz Salt: 43,361.7 oz Degreaser: 12,117 units Polish: 22,388 units Degreaser: 14,970 units Polish: 23,688 units What is the dollar value of budgeted soap purchases? (Round your calculations to a level that makes sense for the situation. Enter your final answer to the nearest whole dollar/input code: 0)
Transcribed Image Text:A company is working on their budgets for the year 2021. They produce two unique products: Degreaser and Polish. The Degreaser has two Raw Materials: soap and baking soda. The Polish also has two Raw Materials: ketchup and salt. The table below has a few of their expectations for 2021. Expected Finished Goods to produce in 2021 Raw Materials used in production of Soap: 4.7 oz at $0.568 per oz 4 one unit of Degreaser Baking Soda: 7.4 oz at $0:390 per oz Raw Materials used in production of Ketchup: 1.0 oz at $0.550 per oz one unit of Polish Salt: 7.0 oz at $0.406 per oz Estimated beginning quantities of Raw Materials Inventory Desired ending quantities of Raw Materials Inventory Degreaser: 8,150 units Polish: 33,302 units Estimated beginning quantities of Finished Goods Inventory Desired ending quantities of, Finished Goods Inventory Soap: 1,970.9 oz Baking Soda: 2,334.0 oz Ketchup: 30,374.3 oz Salt: 46,104.5 oz Soap: 1,067.0 oz Baking Soda: 2,793.1 oz Ketchup: 35,470.5 oz Salt: 43,361.7 oz Degreaser: 12,117 units Polish: 22,388 units Degreaser: 14,970 units Polish: 23,688 units What is the dollar value of budgeted soap purchases? (Round your calculations to a level that makes sense for the situation. Enter your final answer to the nearest whole dollar/input code: 0)
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