Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1. alcorn state university manufacturing plans to

1. Alcorn State University Manufacturing plans to produce 20,000 units, 24,000 units, and 30,000 units,...

50.1K

Verified Solution

Question

Accounting

1. Alcorn State University Manufacturing plans to produce 20,000 units, 24,000 units, and 30,000 units, respectively, in October, November, and December. Each of these units requires four units of part no. 879, which the company can purchase for $7 each. Alcorn has 35,000 units of part no. 879 in stock on September 30. Required: Prepare a direct-material purchases budget for October and November in units and dollars. Management desires to maintain an ending raw-material inventory equal to 40% of the following month's production usage.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

Question 9 As part of video game the point 1 6 is rotated counterclockwise about...

Accounting
1.2K views

Ais saving for her retirement and contributes $1000 to his accountat the end of...Ais...

Chemistry
1.2K views

Calculate the concentration of all species in a 0.135 M solution of H2CO3. Enter your answers...

Medical Sciences
1.2K views

Shondra tells her doctor that she has been feeling jittery and has had trouble sleeping. She...

Medical Sciences
1.2K views

Phagocytic cells ingest and sequester pathogens into a structure called a “phagolysosome” which contains singlet oxygen...

Physics
1.2K views

0 Can a dimensionless quantity have a unit Define Impulse of a force How is...

Physics
1.2K views

A body is located on a wall Its image of equal size is to be...

Geometry
1.2K views

Total and Lateral SA of Prisms and Cylinders 1 A cosmetics company that makes small...

Basic Math
1.2K views

the following quadratic functions use the discriminant to determine the nature of the root b...

Basic Math
1.2K views

Select the correct answer The length of the base of a trlangle is 24 units...

Accounting
1.2K views

on january 1, 2024, the general ledger of dynamite fireworks includes the following account balances:...

Accounting
1.2K views

Ace signs a 90 day 8% note for $16,000 on September 1. How much interest...