what are the desired ending direct materials in pounds?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 5EB: Cloud Shoes manufactures recovery sandals and is planning on producing 12.000 units in March and...
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1. If the required direct materials purchases are 8,000 pounds and the direct materials required for production is three times the direct materials purchases, and the beginning direct materials are three and a half times the direct materials purchases, what are the desired ending direct materials in pounds?

  • 20,000
  • 4,000
  • 12,000
  • 32,000

 

2. German Company sells a single product. Budgeted sales for the year are anticipated to be 640,000 units. The estimated beginning and ending finished goods inventory are 108,000 and 90,000, respectively. A production of one unit requires the following materials.

Materials LL    0.50 lb. @ P0.60

Materials MM      1.00 lb. @ P1.70

Materials NN         1.20 lb.@ P1.00

What are the respective peso amounts of each material to be used in production during the year?

       Material LL                   Material MM                Material NN

  • P181,200                     P 1,026,800                   P724,800
  • P181,200                     P 1,026,800                   P746,400
  • P186,600                     P 1,057,400                   P746,400
  • P186,600                     P1,057,400                    P724,800
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