Question
In: Math
Tall Oak, Inc produces rulers from plastic resin. Tall Oak has estimated production and sales of...
Tall Oak, Inc produces rulers from plastic resin. Tall Oak has estimated production and sales of rulers in units for the next 2 months as:
May June
Estimated productiuon: 42,000 48,000
Estimated sales: 50,000 36,000
Each ruler requires 0.25 pounds of resin. The cost of resin is $4.50 per pound. Tall Oaks wants to have 20% of the next months materials requirements on hand at the end of each month.
Prepare a direct materials purchases budget for the month of May.
Solutions
milcah answered 2 years agoRelated Solutions
Romano's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for...
Romano's Frozen Pizza Inc. has determined from its production
budget the following estimated production volumes for 12'' and 16''
frozen pizzas for September:
Units
12" Pizza
16" Pizza
Budgeted production volume
5,300
8,900
There are three direct materials used in producing the two types
of pizza. The quantities of direct materials expected to be used
for each pizza are as follows:
12" Pizza
16" Pizza
Direct materials:
Dough
0.70
lb. per unit
1.50
lbs. per unit
Tomato
0.40
0.70
Cheese...
Romano’s Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for...
Romano’s Frozen Pizza Inc. has determined from its production
budget the following estimated production volumes for 12'' and 16''
frozen pizzas for September:
Units
12" Pizza
16" Pizza
Budgeted production volume
13,000
23,600
There are three direct materials used in producing the two types
of pizza. The quantities of direct materials expected to be used
for each pizza are as follows:
12" Pizza
16" Pizza
Direct materials:
Dough
0.90
lb. per unit
1.50
lbs. per unit
Tomato
0.60
1.00
Cheese...
Marino's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for...
Marino's Frozen Pizza Inc. has determined from its production
budget the following estimated production volumes for 12'' and 16''
frozen pizzas for June 2016: Units 12" Pizza 16" Pizza Budgeted
production volume 15,200 25,200 There are three direct materials
used in producing the two types of pizza. The quantities of direct
materials expected to be used for each pizza are as follows: 12"
Pizza 16" Pizza Direct materials: Dough 0.90 lb. per unit 1.50 lbs.
per unit Tomato 0.60 1.00...
Marino's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for...
Marino's Frozen Pizza Inc. has determined from its production
budget the following estimated production volumes for 12'' and 16''
frozen pizzas for June 2016:
Units
12" Pizza
16" Pizza
Budgeted production volume
14,100
25,600
There are three direct materials used in producing the two types
of pizza. The quantities of direct materials expected to be used
for each pizza are as follows:
12" Pizza
16" Pizza
Direct materials:
Dough
0.90
lb. per unit
1.50
lbs. per unit
Tomato
0.60
1.00...
Tobin’s Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for...
Tobin’s Frozen Pizza Inc. has determined from its production
budget the following estimated production volumes for 12'' and 16''
frozen pizzas for November:
Units
12" Pizza
16" Pizza
Budgeted production volume
76,000
56,000
There are three direct materials used in producing the two types
of pizza. The quantities of direct materials expected to be used
for each pizza are as follows:
12" Pizza
16" Pizza
Direct materials:
Dough
0.55
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0.80
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Tomato
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Cheese...
General Blast Inc. makes plastic components for toy vehicles and has estimated the following for a...
General Blast Inc. makes plastic components for toy vehicles and
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2. Lorenzo’s Frozen Pizza Inc. has determined from its production budget the following estimated production volumes...
2.
Lorenzo’s Frozen Pizza Inc. has determined from its production
budget the following estimated production volumes for 12'' and 16''
frozen pizzas for September:
Units
12" Pizza
16" Pizza
Budgeted production volume
15,000
22,000
Three direct materials are used in producing the two types of
pizza. The quantities of direct materials expected to be used for
each pizza are as follows:
12" Pizza
16" Pizza
Direct materials:
Dough
0.80
lb. per unit
1.50
lb. per unit
Tomato
0.50
0.70
Cheese...
A firm produces plastic water bottles according to the production function ? = ?(?,?) = ?...
A firm produces plastic water bottles according to the
production function ? = ?(?,?) = ? 2?, where ? is the number of
water bottles produced, ? is the quantity of labor employed and ?
is the quantity of capital. The associated marginal product
functions are ??? = 2?? and ??? = ? 2 . The cost per unit of labor
and capital are ? = $4 and ? = $2, respectively.
1) If this firm wants to produce a...
(14) Plastic Resin Company makes 2 types of iPhone covers, premier protectors and basic bumpers, from...
(14) Plastic Resin Company makes 2 types of iPhone covers,
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involving the conversion of resins. Joint costs are $60,000 for
this process, and yield 2,000 premier protectors and 4,000 basic
bumpers. Premier protectors sell for $80 a piece and basic bumpers
sell for $20 per piece. Premier protectors require $80,000 in
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separable...
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Estimated sales ____ units
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