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Category > Accounting Posted 08 May 2017 My Price 5.00

Production and purchases budgets Gillman Co

Production and purchases budgets Gillman Co. is forecasting sales of 62,000 units of product for August. To make one unit of finished product, 5 pounds of raw materials are required. Actual beginning and desired ending inventories of raw materials and finished goods are:

Required:

a. Calculate the number of units of product to be produced during August.

b. Calculate the number of pounds of raw materials to be purchased during August.

 

Answers

Alpha Geek
(8)
Status NEW Posted 08 May 2017 09:05 AM My Price 5.00

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Attachments

file 1494237010-2085834_1_636297816954494770_pounds.xlsx preview (90 words )
Ra-----------w M-----------ate-----------ria-----------l(P-----------oun-----------ds)-----------Fin-----------ish-----------ed -----------Goo-----------d(U-----------nit-----------s)A-----------ctu-----------alD-----------esi-----------red-----------a. -----------Cal-----------cul-----------ate----------- th-----------e n-----------umb-----------er -----------of -----------uni-----------ts -----------of -----------pro-----------duc-----------t t-----------o b-----------e p-----------rod-----------uce-----------d d-----------uri-----------ng -----------Aug-----------ust-----------. b-----------. C-----------alc-----------ula-----------te -----------the----------- nu-----------mbe-----------r o-----------f p-----------oun-----------ds -----------of -----------raw----------- ma-----------ter-----------ial-----------s t-----------o b-----------e p-----------urc-----------has-----------ed -----------dur-----------ing----------- Au-----------gus-----------t.P-----------rod-----------uct-----------ion----------- an-----------d p-----------urc-----------has-----------es -----------bud-----------get-----------s G-----------ill-----------man----------- Co-----------. i-----------s f-----------ore-----------cas-----------tin-----------g s-----------ale-----------s o-----------f 6-----------2,0-----------00 -----------uni-----------ts -----------of -----------pro-----------duc-----------t f-----------or -----------Aug-----------ust-----------. T-----------o m-----------ake----------- on-----------e u-----------nit----------- of----------- fi-----------nis-----------hed----------- pr-----------odu-----------ct,----------- 5 -----------pou-----------nds----------- of----------- ra-----------w m-----------ate-----------ria-----------ls -----------are----------- re-----------qui-----------red-----------. A-----------ctu-----------al -----------beg-----------inn-----------ing----------- an-----------d d-----------esi-----------red----------- en-----------din-----------g i-----------nve-----------nto-----------rie-----------s
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