Richard Inc. expects to sell 28,000 units. Each unit requires 4 pounds of direct materials at $15 per pound and 3 direct labor hours at $12 per direct labor hour. The overhead rate is $9 per direct labor hour. The beginning inventories are as follows: direct materials, 2,500 pounds; finished goods, 3,100 units. The planned ending inventories are as follows: direct materials, 4,000 pounds; finished goods, 3,200 units. What is the planned production?

Principles of Accounting Volume 2
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Chapter6: Activity-based, Variable, And Absorption Costing
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Give me answer accounting richard inc.

Richard Inc. expects to sell 28,000 units. Each unit
requires 4 pounds of direct materials at $15 per pound
and 3 direct labor hours at $12 per direct labor hour.
The overhead rate is $9 per direct labor hour. The
beginning inventories are as follows: direct materials,
2,500 pounds; finished goods, 3,100 units. The planned
ending inventories are as follows: direct materials,
4,000 pounds; finished goods, 3,200 units.
What is the planned production?
Transcribed Image Text:Richard Inc. expects to sell 28,000 units. Each unit requires 4 pounds of direct materials at $15 per pound and 3 direct labor hours at $12 per direct labor hour. The overhead rate is $9 per direct labor hour. The beginning inventories are as follows: direct materials, 2,500 pounds; finished goods, 3,100 units. The planned ending inventories are as follows: direct materials, 4,000 pounds; finished goods, 3,200 units. What is the planned production?
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