This topic contains a solution. Click here to go to the answer

Author Question: Lubriderm Corporation has the following budgeted unit sales for the next six-month period: MonthUnit ... (Read 44 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
Lubriderm Corporation has the following budgeted unit sales for the next six-month period: 

MonthUnit Sales
June90,000
July120,000
August210,000
September150,000
October180,000
November120,000 

There were 30,000 units of finished goods in inventory at the beginning of June. Plans are to have an inventory of finished products that equal 20% of the unit sales for the next month. 

Five pounds of materials are required for each unit produced. Each pound of material costs $8. Inventory levels for materials are equal to 30% of the needs for the next month. Materials inventory on June 1 was 15,000 pounds. 

Required:
a.  Prepare production budgets in units for July, August, and September.
b.  Prepare a purchases budget in pounds for July, August, and September, and give total purchases in both pounds and dollars for each month.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by clmills979 on Mar 6, 2021

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly




clmills979

  • Member
  • Posts: 551
Reply 2 on: Mar 6, 2021
Wow, this really help


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

For a complete list of videos, visit our video library