takeAssignmentMain.do?invoker=&ta... ADesired inventory, November 30Price per poundUnits required for production:12" pizza16" pizzaTotal units availableTotal units to be purchasedUnit Price2,000 lbs. 1,200 lbs.$0.60$0.50Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negativenumbers use a minus sign.Total direct materials to be purchased2,800 lbs.$0.85Tobin's Frozen Pizza Inc.Direct Materials Purchases BudgetFor the Month Ending November 30Direct MaterialsDoughDirect MaterialsTomatoDirect MaterialsCheese@Total99 g CengageNOWv2 | Online teachin Xnow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&ta...eBookCengageNOWv2 | Assignment | FXAShow Me HowDirect materials:12" Pizza0.55 lb. per unit0.250.70UnitsDirect Materials Purchases BudgetTobin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas forNovember:12" PizzaEstimated inventory, November 1Desired inventory, November 30Price per pound16" Pizza+CengageNOWv2 | Assignment | FX0.80 lb. per unit0.401.20916" PizzaBudgeted production volume70,00050,000There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are asfollows:DoughTomatoCheeseIn addition, Tobin's has determined the following information about each material:CheeseTomato1,000 lbs.1,200 lbs.$0.60Dough2,500 lbs.2,000 lbs..$0.50>W3,000 lbs.2,800 lbs.$0.85[6]99BoPrepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative

Direct Material Purchase Budget is prepared by the Business Entity to find out the estimated…

Answered: Prepare November's direct materials…

Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter9: Profit Planning And Flexible Budgets

Section: Chapter Questions

Problem 23BEA: Preparing a Direct Materials Purchases Budget Patrick Inc. makes industrial solvents sold in...

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eBook Show Me How Print Item Direct Materials Purchases Budget Romano's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for September: Units 12" Pizza 16" Pizza Budgeted production volume 12,900 23,700 There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: Dough 0.90 lb. per unit 1.50 lbs. per unit Tomato 0.60 1.00 Cheese 0.80 1.30 In addition, Romano's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, September 1 550 Ibs. 240 Ibs. 330 Ibs. Desired inventory, September 30 580 Ibs. 230 Ibs. 360 Ibs. Price per pound $1.50 $2.80 $3.20 Prepare September's direct materials purchases budget for Romano's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign.…
Tobin's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for November: Direct materials: Dough Tomato Budgeted production volume 13,100 22,600 There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 0.90 lb. per unit 0.60 0.80 Units 12" Pizza Estimated inventory, November 1 Desired inventory, November 30 Price per pound 16" Pizza Cheese In addition, Tobin's has determined the following information about each material: Dough $1.30 1.50 lbs. per unit 1.00 1.30 590 lbs. 620 lbs. 16" Pizza Tomato 190 lbs. 180 lbs. $2.70 Cheese 330 lbs. 360 lbs. $3.40
Direct Materials Purchases Budget Zippy's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for September: Units 12" Pizza 16" Pizza Budgeted production volume 14,700 27,200 There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: Dough 0.60 lb. per unit 1.00 lb. per unit Tomato 0.30 0.45 Cheese 0.50 0.80 In addition, Zippy's has determined the following information about each material: Dough Tomato Cheese Estimated inventory, September 1 630 Ibs. 220 Ibs. 330 lbs. Desired inventory, September 30 660 Ibs. 210 Ibs. 360 Ibs. Price per pound $1.50 $2.60 $3.00 Sign out O A 12:08
03 v2.cengagenow.com/mm/takeAssignment/takeAssignmentMain.do?inprogress=true Classwork 01-03 eBook 2. Prepare a production budget for March. Peaky Blinders Furniture Company Production Budget For the Month Ending March 31 < Line Item Description Thomas Units Polly Units Expected units to be sold Plus desired inventory, March 31 1,000 V 450 Total Less estimated inventory, March 1 Total units to be produced Feedback Check My Work Expected units to be sold plus desired ending inventory minus estimated beginning inventory equals units produced. 3. Prepare a direct materials purchases budget for March. Peaky Blinders Furniture Company Direct Materials Purchases Budget For the Month Ending March 31 Direct Materials: Fabric (sq. yds.) Wood (lineal ft.) Filler (cu. ft.) Springs (units) Total Required units for production: Check My Work Q Search hp 5 16 48 6 & 00 8 U 66 9 3 Previous D prt sc. delete home backspace
eBook Production Budget Show Me How Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales by = follows: Northern Region unit sales Southern Region unit sales Total Expected units to be sold Desired inventory, March 31 Bath Scale The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 11,800.and 8,100 units, respectively. Th goods inventory for March 31 for the Bath and Gym scale models is 15,000 and 7,500 units, respectively. Total units available Estimated inventory, March 1 Gym Scale Prepare a production budget for the Bath and Gym scales for the month ended March 31. For those boxes in which you must ente negative numbers use a minus sign. Healthy Measures Inc. Production Budget For the Month Ending March 31 ho produced: 40,000 25,000 75,000 35,000 115,000 60,000 Units Bath Scale Units Gym Scale 11,500 X 15.000 26.500 -11,800 X 14,700 X 60,000 7.500 67,500 -8,100 59 400
CARNING SYSTEM (ACADEMI entory Management - Spring21 Time left 1:39:43 XYZ Company is specialized in mangoes distribution in the city of Muscat. Sales are 400 boxes (unit) per month. It costs. OR 10 to make and receive an order and holding cost is OR 3.5 per box per year. The prices depend on quantities ion purchased such that the order quantities from 1 to 199 at a unit price RO 5; quantity 200 to 499 at a unit price 4.5 RO; and quantity 500 and more at a per unit price of 4 RO. If the discount option is considered, then the best decision that minimizes the total annual inventory cost is ut of O a 200 units. Total cost=27,240 O b. 500 units. Total cost = 20.171 O c. 450 units. Total cost = 23,500 O d. Noneis correct O e. 185 units, Total cost= 30,649 NEXT PAGE EVIOUS PAGE
dakeAssignmentSessionLocator=&inprogress=false Print Item One Device makes universal remote controls and expects to sell 450 units in January, 800 in February, 500 in March, 600 in April, and 650 in May. The required ending inventory is 20% of the next month's sales. Prepare a production budget for the first four months of the year. One Device Production Budget For the Four Months Ending April 30, 20XX January February March April Expected Sales Total Required Units Required Production Total Previous Next
4. Ending Finished Goods Inventory Budget Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following manufacturing costs: Direct materials $1.80 Direct labor 0.45 Variable overhead 0.80 Fixed overhead 1.80 Total unit cost $4.85 For the coming year, Play-Disc expects to make 400,000 plastic discs, and to sell 381,000 of them. Budgeted beginning inventory in units is 20,000 with unit cost of $4.85. (There are no beginning or ending inventories of work in process.) Required: Question Content Area 1. Prepare an ending finished goods inventory budget for Play-Disc for the coming year. If required, round your answers to the nearest cent. Play-DiscEnding Finished Goods Inventory BudgetFor the Coming Year Unit costs: $- Select - - Select - Overhead: - Select - - Select - Total cost per unit $fill in the blank f335210a2015029_9 Total ending inventory cost $fill in the blank f335210a2015029_10…
Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below] Shadee Corporation expects to sell 540 sun shades in May and 350 in June. Each shade sells for $161. Shadee's beginning and ending finished goods inventories for May are 70 and 45 shades, respectively. Ending finished goods inventory for June will be 60 shades. E8-8 (Algo) Preparing Cost of Goods Sold Budget [LO 8-31] Each shade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 120 in direct materials inventory on May 1, 90 poles in inventory on May 31, and 100 poles in inventory on June 30. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $14 per hour. Additionally, Shadee's fixed manufacturing overhead is $9,000 per month, and variable manufacturing overhead is $11 per unit produced. Use the information and solutions presented to complete the…
Preparing a Direct Materials Purchases Budget Tulum Inc. makes a Mexican chocolate mix sold in 4-pound boxes. Planned production in units for the first 3 months of the coming year is: Each box requires 4.2 pounds of chocolate mix and one box. Company policy requires that ending inventories of raw materials for each month be 10% of the next months production needs. That policy was met for the ending inventory of December in the prior year. The cost of 1 pound of chocolate mix is 1.50. The cost of one box is 0.10. (Note: Round all unit amounts to the nearest unit. Round all dollar amounts to the nearest dollar.) Required: 1. Calculate the ending inventory of chocolate mix in pounds for December of the prior year and for January and February. What is the beginning inventory of chocolate mix for January? 2. Prepare a direct materials purchases budget for chocolate mix for the months of January and February. 3. Calculate the ending inventory of boxes for December of the prior year and for January and February. 4. Prepare a direct materials purchases budget for boxes for the months of January and February.
Desiccate purchases direct materials each month. Its payment history shows that 70% is paid in the month of purchase with the remaining balance pad the month after purchase. Prepare a cash payment schedule for March if in January through March, it purchased $35,000, $37,000, and $39,000, respectively.
Blue Book printing is budgeting sales of 25,000 units and already has 5,000 in beginning inventory. How many units must be produced to also meet the 7,000 units required in ending inventory?