Business, 04.12.2021 04:40 brad59

The following information has been prepared for Tom Limited for the six months to 30 September 2011: Budgeted production levels for product X
Units
April 140
May 280
June 700
July 380
August 300
September 240

Product X uses two units of component A6 and three units of component B9. On 1 April 2011 there were expected to be 100 units of A6 in stock, and 200 units of B9. The desired closing stock levels of each component were as follows:
Month-end 2011 A6 B9
(units) (units)
30 April 110 250
31 May 220 630
30 June 560 340
31 July 300 300
31 August 240 200
30 September 200 180

During the six months to 30 September 2011, component A6 was expected to be purchased at a cost of £5 per unit, and component B9 at a cost of £10 per unit.

Required:
Prepare the following budgets for each of the six months to 30 September 2011:
(a) direct materials usage budget
(b) direct materials purchase budget.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 16:00

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)

Answers: 2

Answer

Business, 22.06.2019 20:20

Fractional reserve banking which of the following statements about fractional reserve banking are correct? check all that apply. fractional reserve banking allows banks to create money through the lending process. fractional reserve banking does not allow banks to hold excess reserves. fractional reserve banking allows banks to create additional wealth by lending some reserves. fractional reserve banking relies on everyone not withdrawing their money at the same time.

Answers: 2

Answer

Business, 22.06.2019 23:30

At the save the fish nonprofit organization, jenna is responsible for authorizing outgoing payments, rob takes care of recording the payments in the organization's computerized accounting system, and shannon reconciles the organization's bank statements each month. this internal accounting control is best known as a(n) a. distribution process. b. segregation of duties c. specialized budget d. annotated financial process

Answers: 2

Answer

Business, 23.06.2019 01:00

The notarial evidence form is completed by

Answers: 2

Answer

You know the right answer?

The following information has been prepared for Tom Limited for the six months to 30 September 2011:...

Questions