What is budgeted total cost of direct materials purchased, Accounting Basics

+44 141 628 6080
[email protected]

What is budgeted total cost of direct materials purchased

Flip, Inc. determines that 54,000 pounds of direct materials are needed for production in July. There are 3,200 pounds of direct materials on hand at July 1 and the desired ending inventory is 2,800 pounds. If the cost per unit of direct materials is $3.20, what is the budgeted total cost of direct materials purchases?

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is budgeted total cost of direct materials purchased

Reference No:- TGS0695822

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : How much is cost of goods sold for the year

Cost of goods manufactured equals $67,000 for 2014. Finished goods inventory is $5,500 at the beginning of the year and $2,000 at the end of the year.

Q : Calculate the conversion cost per unit

Flip Industries has equivalent units of 8,000 for materials and for conversion costs. Total manufacturing costs are $160,000. Total materials costs are $120,000. How much is the conversion cost per unit?

Q : How many finished goods units should be produced

How many finished goods units should be produced during the quarter if the company desires 4,800 units available to start the next quarter?

Q : Calculate variable and fixed overhead variances

From the following data, calculate Variable and fixed Overhead variances: Budgeted output: 50 lots Actual output: 60 lots Fixed overhead absorption rate per hour.

Q : What is budgeted total cost of direct materials purchased

Q : What is the wavelength of the light

When a beam of monochromatic light is incident on two narrow slits by a distance .14 mm, the angle between the central beam and the third lateral maximum in the interference pattern is .52 degrees. What is the wavelength of the light?

Q : Prove or disprove all intervals share common

What about exponentiation? Find all solutions in positive real numbers to (a∧b)∧c =a∧(b∧c). If stuck, consider more restricted questions, such as wh

Q : Calculate the inductance

An inductor that has a resistance of 70 k? is connected to an ideal battery of 48 V. 2.6 ms seconds after the switch is thrown the current in the circuit is 0.363429 mA. Calculate the inductance.

Q : Define the mixing department

Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department.

1955039

Questions
Asked

3,689

Active Tutors

1454848

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is budgeted total cost of direct materials purchased

Reference No:- TGS0695822

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : How much is cost of goods sold for the year

Q : Calculate the conversion cost per unit

Q : How many finished goods units should be produced

Q : Calculate variable and fixed overhead variances

Q : What is budgeted total cost of direct materials purchased

Q : What is the wavelength of the light

Q : Prove or disprove all intervals share common

Q : Calculate the inductance

Q : Define the mixing department

Think about gender, sexuality and social institutions

Explain what type of culture the united states is

How social work ethical values relate to advocacy

Describe the cause and effect of social media

What differences between race, ethnicity, nationality

Review peaceful warriors- codes for violence among adult

Why men and women have difficulty communicating

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is budgeted total cost of direct materials purchased

Reference No:- TGS0695822

Recent Questions Asked Accounting Basics

Q : How much is cost of goods sold for the year

Q : Calculate the conversion cost per unit

Q : How many finished goods units should be produced

Q : Calculate variable and fixed overhead variances

Q : What is budgeted total cost of direct materials purchased

Q : What is the wavelength of the light

Q : Prove or disprove all intervals share common

Q : Calculate the inductance

Q : Define the mixing department

Asked Questions