Pluto Company plans the following beginning and ending inventory levels (in units) for January: Raw materials April 1 April 30 98,000 130,000 Work in process 35,000 35,000 Finished goods 183,000 125,000 Two units of raw material are needed to produce each unit of the finished product. If the company plans to sell 960,000 units during April, the number of units it would need to manufacture during April would be

Salisbury Bottle Company manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two-liter bottles are as follows: At the beginning of March, Salisburys management planned to produce 500,000 bottles. The actual number of bottles produced for March was 525,000 bottles. The actual costs for March of the current year were as follows: a. Prepare the March manufacturing standard cost budget (direct labor, direct materials, and factory overhead) for Salisbury, assuming planned production. b. Prepare a budget performance report for manufacturing costs, showing the total cost variances for direct materials, direct labor, and factory overhead for March. c. Interpret the budget performance report.

If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of capacity the next month, will a different cost per unit be charged to the work-in-process account each month for factory overhead assuming that a predetermined annual overhead rate is used?

Total Pops data show the following information: New machinery will be added in April. This machine will reduce the labor required per unit and increase the labor rate for those employees qualified to operate the machinery. Finished goods inventory is required to be 20% of the next months requirements. Direct material requires 2 pounds per unit at a cost of $3 per pound. The ending inventory required for direct materials is 15% of the next months needs. In January, the beginning inventory is 3,000 units of finished goods and 4,470 pounds of material. Prepare a production budget, direct materials budget, and direct labor budget for the first quarter of the year.

Patterson Corporation expects to incur 70,000 of factory overhead and 60,000 of general and administrative costs next year. Direct labor costs at 5 per hour are expected to total 50,000. If factory overhead is to be applied per direct labor hour, how much overhead will be applied to a job incurring 20 hours of direct labor? a. 120 b. 260 c. 28 d. 140

One Device makes universal remote controls and expects to sell 500 units in January, 800 in February, 450 in March, 550 in April, and 600 in May. The required ending inventory is 20% of the next months sales. Prepare a production budget for the first four months of the year.

Lovely Manufacturing has scheduledproduction as follows for the next several months:Months ProductionJanuary 1,000February 1,200March 1,400Assume that it takes two pounds of raw material to make one finished unit and that ending inventory of raw materials for any month is scheduled to be 25% of next month production needs. 34. The desired ending inventory of raw materials in pounds for February is:a. 350b. 200c. 1,400d. 50035. The pounds of raw materials purchased during January is:a. 1.000b. 2,000c. 2,100d. 2.60036. The pounds of raw materials used for February production isa. 2.400b. 2,500c. 3,000d. 3,100

Pluta Company plans the following beginning and ending inventory levels (in units) for January: Raw materials April 1 April 30 80,000 100,000 Work in process 20,000 20,000 Finished goods 160,000 100,000 Two units of raw material are needed to produce each unit of the finished product. If the company plans to sell 960,000 units during April, the number of units it would need to manufacture during April would be

ABCL Corporation predicts the following sales in units for the coming four months:                                   May     June  July      August    September Unit sales ……           400    500     520        480        540   Finished goods inventory on April 30: 120 units Raw materials inventory on April 30: 450 pounds   Desired ending inventory each month: Finished goods: 30% of next month's sales Raw materials: 25% of next month's production needs Number of pounds of raw material required per finished unit: 4 lbs.   Required: How many pounds of raw materials should be purchased in May?

Assume that a company expects to produce 10,300, 11,300, and 13,300 units of finished goods in January, February, and March, respectively. Each unit of finished goods requires 4 pounds of raw material and each pound of raw material costs $1.75. The company always maintains an ending raw materials inventory equal to 25% of next month’s production needs. What is the amount of expected raw materials purchases for February?