need help please Direct Materials Purchases Budget: Direct Labor...
90.2K
Verified Solution
Question
Accounting
need help please
Direct Materials Purchases Budget: Direct Labor Budget Macchu Company produces stuffed toy animals; one of these is "Andie the Liama." Each Andie takes 0.20 yard of fabric (white with irregular black splotches) and 10 ounces of polyfiberfill, Fabric costs $3,40 per yard and polyfiberfili is $0.05 per ounce, Macchu has budpeted production of Andies for the next four months as follows: Inventory policy requires that sufficient fabric be in ending monthly inventory to satisfy 20 percent of the following month's production needs and sufficient podyberfil be in inventory to satisty 15 percent of the following month's production needs. Inventory of fabric and polyfiberfill at the beginning of october equais exactiy the amount needed to satishy the imventory policy. Each Andie produced requires (on average) 0.10 direct labor hour. The average cost of direct labor is $15 per hour. 2. Prepare a direct materials purchases budget of polyfiberfil for the last quarter of the vear showing purchsses in units and in dollars for each month and for the quarter in total, Round your answers to the nearest cent, if required


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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.