Hardin Corp. sells a single product. Budgeted annual sales are anticipated to be 320,000 units: the estimated beginning inventory is 24,000 units, and the desired ending inventory is 27,000. Each unit of finished product requires 3 pounds of direct materials at $4.50 per pound. There will be no changes in the direct materials inventory this year. What is the budgeted cost of direct materials to be used this year? A. 4,150,000 B. 4,320,000 C. 4,340,250 D. 4,360,500
Hardin Corp. sells a single product. Budgeted annual sales are anticipated to be 320,000 units: the estimated beginning inventory is 24,000 units, and the desired ending inventory is 27,000. Each unit of finished product requires 3 pounds of direct materials at $4.50 per pound. There will be no changes in the direct materials inventory this year. What is the budgeted cost of direct materials to be used this year? A. 4,150,000 B. 4,320,000 C. 4,340,250 D. 4,360,500
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 6CE: Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following...
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