Question 6 Oriole Company is planning to sell 1100 boxes of ceramic tile, with production estimated at 970 boxes during May. Each box of tile requires 44 pounds of day mix and a 0.75 hour of direct labor. Clay mix costs $0.40 per pound and employees of the company are paid $19 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Oriole has 3100 pounds of clay mix in beginning inventory and wants to have 5000 pounds in ending inventory. What is the total amount to be budgeted in pounds for direct materials to be purchased for the month? O 40780 44580 O50300 O 42680

Question 6 Oriole Company is planning to sell 1100 boxes of ceramic tile, with production estimated at 970 boxes during May. Each box of tile requires 44 pounds of day mix and a 0.75 hour of direct labor. Clay mix costs $0.40 per pound and employees of the company are paid $19 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Oriole has 3100 pounds of clay mix in beginning inventory and wants to have 5000 pounds in ending inventory. What is the total amount to be budgeted in pounds for direct materials to be purchased for the month? O 40780 44580 O50300 O 42680

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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