Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. alliance company's budgets production of 33,000 un

Alliance Company's budgets production of 33,000 units in January and 37,000 units in the February....

70.2K

Verified Solution

Question

Accounting

image

Alliance Company's budgets production of 33,000 units in January and 37,000 units in the February. Each finished unit requires 4 pounds of raw material K that costs $2.50 per pound. Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials. The January 1 inventory for this material is 46,200 pounds. What is the budgeted materials need in pounds for January? Multiple Choice 0 98,000 pounds. 0 132,000 pounds. 0 183,800 pounds. 0 137,600 pounds. 0 85,800 pounds

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

Finance
1.2K views

You are attempting to value a put option with an exercise price of $108 and one...

Physics
1.2K views

Example 14 A neutron fission counter is lined with U 235 to detect slow neutrons...

Physics
1.2K views

Out of the following statements which is not correct 1 When upolarised light passes through...

Basic Math
1.2K views

Suppose the newest version of your favorite Smartphone comes out today. Assume that a total...

Accounting
1.2K views

Consider the following assumed transactions of Townsend Corporation. (i) (Click the icon to...

Accounting
1.2K views

Consider discount factors such that d1 < d2 < d3. Explain why it would be...

Accounting
1.2K views

Mercury, Inc., produces cell phones at its plant in Texas. In recent years, the companys...

Accounting
1.2K views

Billy and Sue are married and live in Texas, a community property state. They jointly...

Accounting
1.2K views

Presented below is the information related to Purple Corporation: Common Stock, $6 par, 100,000 shares...

Accounting
1.2K views

For each of the following potential unrecorded labilities, determine the effects of the omission on...

Accounting
1.2K views

Bluecap Co. uses a standard cost system and flexible budgets for control purposes. The following...

Accounting
1.2K views

Barbara Ripley and Fred Nichols decide to organize the ALL-Star partnership. Ripley invests $15,000 cash,...