Cashan Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 1.5 kilograms of the direct raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: August . 24,500 units September .. 24,700 units October . 24,600 units November 26,400 units December .. 24,500 units

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Cashan Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 1.5 kilograms of the
direct raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows:
August .
.. 24,500 units
September . 24,700 units
. 24,600 units
26,400 units
December . 24,500 units
October
November
The company wants to maintain monthly ending inventories of Jurislon (direct raw material) equal to 30% of the
following month's raw material needs for production. What should be the desired ending inventory ( in units) of
Jurislon for the month of September? SHOW CALCULATIONS CLEARLY.
Transcribed Image Text:Cashan Corporation makes and sells a product called a Miniwarp. One Miniwarp requires 1.5 kilograms of the direct raw material Jurislon. Budgeted production of Miniwarps for the next five months is as follows: August . .. 24,500 units September . 24,700 units . 24,600 units 26,400 units December . 24,500 units October November The company wants to maintain monthly ending inventories of Jurislon (direct raw material) equal to 30% of the following month's raw material needs for production. What should be the desired ending inventory ( in units) of Jurislon for the month of September? SHOW CALCULATIONS CLEARLY.
Shin Shin Company produces a single type of product at a selling price of $40 per unit. In the current year, the company started production
of 35,000 units products and sold 29,000 units in the current year. There were no beginning inventory in the current year.
The following cost information is available :
Variable
Fixed
DM
$4
DL
$3
$2.50
$3.4
MOH
$5
Selling & Admin
s2
Calculate the net profit/ loss
Transcribed Image Text:Shin Shin Company produces a single type of product at a selling price of $40 per unit. In the current year, the company started production of 35,000 units products and sold 29,000 units in the current year. There were no beginning inventory in the current year. The following cost information is available : Variable Fixed DM $4 DL $3 $2.50 $3.4 MOH $5 Selling & Admin s2 Calculate the net profit/ loss
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