Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 4 pearl products limited of shenzhen, china, manuf

4 Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia....

50.1K

Verified Solution

Question

Accounting

image
image
image
image
4 Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: 0142%) The finished goods inventory on hand at the end of each month must equal 3,000 units of Supermix plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 10,000 units. a b. The raw materials inventory on hand at the end of each month must equal one-half of the following month's production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 54,000 cc of solvent H300. e Book c. The company maintains no work in process inventories. Print ferences A monthly sales budget for Supermix for the third and fourth quarters of the year follows Budget July ugust Beptember october November Decenber Unit Sal 15, 000 40,000 50,000 0,000 20,000 10,000

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

Q

Find an article relating to Time Value of Money or Asset Valuation techniques from any medium,...

Finance
Q

Prove or disprove using a Truth Table( De Morgan's Law) ¬(p∧q) ≡ ¬p∨¬q Show the...

Advance Math
Q

Lennard–Jones potential diagrams, also called intermolecular potential energy diagrams, illustrate the relationship between the potential energy of...

Chemistry
Q

A plant is placed in a sealed box with sufficient air, water and sunlight for several...

Biology
Q

9(a). How can a Zigbee based WSN avoid interferences from another Zigbee based sensor network in...

Mechanical Engineering
Q

Project Trans had been in trouble since the initiation. Crowley, who had been an assistant project...

General Management
Q

Pick a local brand (from your city, region, or country) that has been very successful competing...

General Management
Q

Plancks Quantum Theory Photoelectric Effect 1 Assume that 10 17 J of light energy is...

Physics
Q

Production costs do not include: a.direct materials. b.direct labor. c.variable manufacturing overhead. d.fixed manufacturing overhead....

Accounting
Q

sold a two story house and lot amounting to 106000. the 7% commission will be...

Accounting
Q

The president of Bright Corporation tells you that he sees a dim future for his...

Accounting
Q

weight .3 debt and .7 equity Use the following information to answer the...

Finance