Beginning Finished Goods Inventory is $86,400 consisting of 3,600 units. gin by calculating the projected cost to produce each unit in 2018 based on projected sales. (Hint: In "Cost per unit" table, cell references come from Direct Materials, Direct Lab e'=ROUND' function to round the fixed manufacturing overhead cost per unit to two decimal places. epare a Cost of Goods Sold Budget. (Hint: Units per month calculated using cell references to both sales budget and production budget.) Cost per unit ect material cost per unit $ 7.95 10.00 ect labor cost per unit hufacturing overhead cost per unit 9.09 al projected manufacturing cost per unit $ 27.04 2018 get #6: Cost of Goods Sold Budget Jan Mar Q1 Total $ 86,400.00 inning Finished Goods Inventory, 3,600 units. $ 86,400.00 ts produced and sold in 2018 ost per unit 27.04 Inits per month 14,400 3040 300 336 Feb 27.04 24,000 CAO 27.04 30,000 04 200

Beginning Finished Goods Inventory is $86,400 consisting of 3,600 units. gin by calculating the projected cost to produce each unit in 2018 based on projected sales. (Hint: In "Cost per unit" table, cell references come from Direct Materials, Direct Lab e'=ROUND' function to round the fixed manufacturing overhead cost per unit to two decimal places. epare a Cost of Goods Sold Budget. (Hint: Units per month calculated using cell references to both sales budget and production budget.) Cost per unit ect material cost per unit $ 7.95 10.00 ect labor cost per unit hufacturing overhead cost per unit 9.09 al projected manufacturing cost per unit $ 27.04 2018 get #6: Cost of Goods Sold Budget Jan Mar Q1 Total $ 86,400.00 inning Finished Goods Inventory, 3,600 units. $ 86,400.00 ts produced and sold in 2018 ost per unit 27.04 Inits per month 14,400 3040 300 336 Feb 27.04 24,000 CAO 27.04 30,000 04 200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Maulana Sdn Bhd (MSB) manufactures and sells two types of products: Pastry roller and Pastry puff .Each unit of product consumes two types of materials, butter and cheese. MSB is preparing its annual budget for the year ending December 31, 2018. The Assistant Accountant provides the following data: Pastrv roller Pastry puff Sales unit 65,000 55,000 Unit selling price RM30 RM20 MSB decided that the beginning and ending inventory for the year 2018 are as follow: Product Beginning inventory(units) Ending inventory(units) Pastry roller 8,000 9,000 Pastry puff 5,000 4,000 +The following materials are needed for the production of pastry roller and pastry puff: Materials: Pastry roller Pastry puff Beginning Ending inventory (kg) inventory (kg) Butter 10 kg 8 kg 272,000 290,000 Cheese 4 kg 3 kg 60,000 41 ,000 Materials: Price per kg Butter RM2.00 Cheese RM8.00 Direct labour per unit and direct labour co ber unit is given below: Hours needed Rate per hour Pastry roller 2 hours Pastry puff 1.5…
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Can you fill in the blanks correctly and format it as the table that i sent, please, also here are the options for the drop downs on the leftBeginning Direct Materials Direct Materials Purchases Direct Materials Per Unit Total Required UnitsTotal Materials RequiredDesired Ending Direct Materials Desired Ending Finished Goods Unit Expected Unit SalesRequired Production Units Beginning Finished Goods Unit
On the basis of the projected proceeding data and projections prepare the following for Year ended ended 31 December 2020: 1. Sales budget.2. Production budget.3. Labour cost budget.
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Required: 1) Construct a material usage and purchases budget of the Bara Enterprise
Required information Eckert Company uses the absorption costing approach to cost plus pricing to set prices for its products. Based on budgeted sales of 18.000 units next year, the unit product cost of a particular product is $60.40. The company's selling general, and administrative expenses for this product are budgeted to be $370.800 in total for the year. The company has invested $260.000 in this product and expects a return on investment of T (Appendix 12A) The markup on absorption cost for this product would be closest to which of the following O O O M4T 36.74 ALIK HON 3 Save & Submit
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The total variable costs charged to expense for the year, assuming that NUBD uses variable costing would be
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