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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
The following data on production, materials required for products A and B, and inventory pertains to the budget of Spider Industry:
Â
Product AÂ Â Â Â Â Â Â Â Â Â Â Product B
Production (units)                           2,000 units         3,000 units
Materials (units)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 100,000Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 50,000
               X                                           3.0                         1.0
               Y                                             4.0                         6.5
Â
Beginning           Desired Ending                 Price/Unit
Materials inventory:
               X                                            2,000                    3,000                                    $20
               Y                                             6,000                    6,000                                    $12
Â
1)Â Determine the number of material units needed to product products A and B.
2)Â Calculate the cost of materials used for production.
3)Â Determine the number of materials units to be purchased.
4)Â Calculate the cost of materials to be purchased.
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