Yorkley Corporation plans tosell 41,000 units of its singleproduct in March. Thecompany has 2,800 units inits March 1 finished-goodsinventory and anticipateshaving 2,400 completed unitsin inventory on March 31. Onthe basis of this information,how many units does Yorkleyplan to produce duringMarch?

For determining the expected units to be produced in the month of march, the beginning balance of…

Answered: Yorkley Corporation plans to sell…

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

ChapterC: Cases

Section: Chapter Questions

Problem 1C

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Yam Corporation plans to sell 53,000 units of its single product in March. The company has 3,600 units in its March 1 finished-goods inventory and anticipates having 2,100 completed units in inventory on March 31. On the basis of this information, how many units does Yam plan to produce during March? WANT ANSWER
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Benson Manufacturing Company produced 3,000 units of inventory in January Year 2. It expects to produce an additional 9,800 units during the remaining 11 months of the year. In other words, total production for Year 2 is estimated to be 12,800 units. Direct materials and direct labor costs are $71 and $53 per unit, respectively. Benson expects to incur the following manufacturing overhead costs during the Year 2 accounting period. Production supplies Supervisor salary Depreciation on equipment Utilities Rental fee on manufacturing facilities Required $ 5,800 182,000 135,000 33,000 332,200 a. Combine the individual overhead costs into a cost pool and calculate a predetermined overhead rate assuming the cost driver is number of units. b. Determine the cost of the 3,000 units of product made in January.
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