eBook Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 720,000 candles for the January. Wax is required to produce a candle. Assume 10 ounces of wax is required for each candi The estimated January 1 wax inventory is 16,700 pounds. The desired January 31 wax inventory is 13,700 pounds. If candle wax costs $2.00 per pound, determine the direct materials purchases budget for January. (One pound = 16 ounces.) Round all computed answers to the nearest whole number. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Show Me How Pasadena Candle Inc. Direct Materials Purchases Budget For the Month Ending January 31 Pounds of wax required for production: Total units available Total pounds to be purchased Unit price Total direct materials to be purchased in January Check My Work 0000000 All work saved. Previous

eBook Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 720,000 candles for the January. Wax is required to produce a candle. Assume 10 ounces of wax is required for each candi The estimated January 1 wax inventory is 16,700 pounds. The desired January 31 wax inventory is 13,700 pounds. If candle wax costs $2.00 per pound, determine the direct materials purchases budget for January. (One pound = 16 ounces.) Round all computed answers to the nearest whole number. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Show Me How Pasadena Candle Inc. Direct Materials Purchases Budget For the Month Ending January 31 Pounds of wax required for production: Total units available Total pounds to be purchased Unit price Total direct materials to be purchased in January Check My Work 0000000 All work saved. Previous

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Direct Labor Cost Budget Dauber Inc. budgeted production of 66,000 personal journals in 20Y6. Each journal requires assembly. Assume that three minutes are required to assemble each journal. If assembly labor costs $15.25 per hour, determine the direct labor cost budget for 20Y6. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar.$fill in the blank 1
Direct Material Purchases Budget: Langer Company produces plastic items, including palstic housings for humidifiers. Each housing requires about 15 ounces of plastic costing $0.08 per ounce. Langer molds the p;astic into the proper shape. Langer has budgeted of the housings for the next 4 months as follow: July, 3500 units; August, 4400 units; Sept. 4900 units; Oct. 6300 units. Inventory policy requires that sufficient plastic be in ednding monthtly inventory to atisfy 20% of the following month's procuction needs. The inventory of plastic at the beginning of July equals exactly the amount needed to satisfy the inventory policy.
Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 750,000 candles for the year. Wax is required to produce a candle. Assume 12 ounces of wax is required for each candle. The estimated January 1 wax inventory is 18,100 pounds. The desired December 31 wax inventory is 13,800 pounds. If candle wax costs $1.30 per pound, determine the direct materials purchases budget for the year. (One pound = 16 ounces.) Round all computed answers to the nearest whole dollar. For those boxes in which you must enter subtracted or negative numbers use a minus sign.
Direct Materials Purchases Budget Soft Glow Candle Inc. budgeted production of 96,800 candles in 20Y4. Wax is required to produce a candle. Assume that 8 ounces (one-half of a pound) of wax is required for each candle. The estimated January 1, 20Y4, wax inventory is 3,100 pounds. The desired December 31, 20Y4, wax inventory is 5,200 pounds. If candle wax costs $3.80 per pound, determine the direct materials purchases budget for 20Y4.
Please do not give solution in image format thanku
Marshall Inc. budgeted production of 71,000 personal journals in 20Y6. Paper is required to produce a journal. Assume 65 square yards of paper are required for each journal. The estimated January 1, 20Y6, paper inventory is 277,000 square yards. The desired December 31, 20Y6, paper inventory is 162,000 square yards. If paper costs $0.17 per square yard, determine the direct materials purchases budget for 20Y6. If required, round your final answer to the nearest dollar. $
Compute for the Fixed Cost Rhea Company manufacture laptops, preparing the next year budget the accountant complied these data. Month Machine Hours Electricity Cost Jan 8,000.00 92,040.00 7,000.00 80,760.00 6,500.00 75,120.00 6,000.00 69,480.00 6,000.00 69,480.00 3,500.00 41,280.00 7,000.00 80,760.00 8,600.00 98,808.00 3,700.00 43,536.00 5,000.00 58,200.00 9,600.00 110,088.00 10,000.00 114,600.00 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1,700 73,320 2 500
Direct Materials Purchases Budget Marshall Inc. budgeted production of 40,000 personal journals in 20Y6. Paper is required to produce a journal. Assume 95 square yards of paper are required for each journal. The estimated January 1, 20Y6, paper inventory is 190,000 square yards. The desired December 31, 20Y6, paper inventory is 171,000 square yards. If paper costs $0.11 per square yard, determine the direct materials purchases budget for 20Y6. If required, round your final answer to the nearest dollar.$fill in the blank 1
Direct Materials Purchases Budget Killingsworth Inc. budgeted production of 43,000 personal journals in 20Y6. Paper is required to produce a journal. Assume 79 square yards of paper are required for each journal. The estimated January 1, 20Y6, paper inventory is 238,000 square yards. The desired December 31, 20Y6, paper inventory is 119,000 square yards. If paper costs $0.13 per square yard, determine the direct materials purchases budget for 20Y6. If required, round your final answer to the nearest dollar.$fill in the blank 1
Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 750,000 candles for the January. Wax is required to produce a candle. Assume 15 ounces of wax is required for each candle. The estimated January 1 wax inventory is 16,500 pounds. The desired January 31 wax inventory is 12,600 pounds. If candle wax costs $1.70 per pound, determine the direct materials purchases budget for January. (One pound = 16 ounces.) Round all computed answers to the nearest whole number. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Candles Estimated beginning inventory, January 1 Estimated ending inventory, January 31 Unit price Pasadena Candle Inc. Direct Materials Purchases Budget For the Month Ending January 31 Pounds of wax required for production: fill in the blank 2 fill in the blank 4 Total units available fill in the blank 5 fill in the blank 7 Total pounds to be purchased fill in the blank 8 Unit…
Direct Materials Purchases Budget Pasadena Candle Inc. budgeted production of 730,000 candles for the January. Wax is required to produce a candle. Assume 14 ounces of wax is required for each candle. The estimated January 1 wax inventory is 19,000 pounds. The desired January 31 wax inventory is 13,900 pounds. If candle wax costs $1.90 per pound, determine the direct materials purchases budget for January. (One pound = 16 ounces.) Round all computed answers to the nearest whole number. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Pasadena Candle Inc. Direct Materials Purchases Budget For the Month Ending January 31 Pounds of wax required for production: Total units available Total pounds to be purchased Unit price Total direct materials to be purchased in January 17000
Pasadena Candle Inc. budgeted production of 710,000 candles for the January. Wax is required to produce a candle. Assume 10 ounces of wax is required for each candle. The estimated January 1 wax inventory is 16,800 pounds. The desired January 31 wax inventory is 13,200 pounds. If candle wax costs $1.50 per pound, determine the direct materials purchases budget for January. (One pound = 16 ounces.) Round all computed answers to the nearest whole number. For those boxes in which you must enter subtracted or negative numbers use a minus sign.