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

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

50.1K

Verified Solution

Question

Accounting

imageimageimage

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 a. The finished goods inventory on hand at the end of each month must equal 2,000 units of Supermix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 11,250 units 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 57,375 cc of solvent H300 C. The company maintains no work in process inventories A monthly sales budget for Supermix for the third and fourth quarters of the year follows July August September October November December Budgeted Unit Sales 37,000 42,000 52,000 32,000 22,000 12,000

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

Inflation (a) What is the cosmic epoch of inflation in the early universe? How is this different...

Physics
Q

In a MS Word document, answer the following questions in 200 words or less: Benefits account for...

General Management
Q

For your final project you will develop a strategic marketing plan around company objectives, markets and...

General Management
Q

As part of the Final Project, you will need to create and include an original chart....

Accounting
Q

Consider the following g x x 2x 8 x 9 Exercise a State the domain...

Calculus
Q

given f x In x 2 it to answer parts a through f below The...

Algebra
Q

Spando Apparel uses the LIFO inventory method for external reporting and for income tax purposes...

Accounting
Q

please help with the journal entries. I am confused on what numbers to put and...

Accounting
Q

Explain why managers need to allocate indirect costs to the cost objects when calculating product...

Accounting
Q

The components of internal control do not directly include: O A. Risk assessment. O B....

Accounting
Q

Which of the following statements is true of the dividend growth model? It determines the...

Finance
Q

You are saving for retirement to live comfortably, you decide you will need to save...

Finance