Answer:
Budgeted purchases for second quarter is 165000 pounds
Explanation:
The per unit requirement of material A is 2 pounds.
We first need to calculate the closing inventory of Material A at the end of first quarter and at the end of second quarter.
<u />
<u>End of first quarter</u>
The closing inventory for First quarter should be enough to meet 25% production requirement for next quarter. 25% production requirement for second quarter is 40000 pounds.
Production requirement - Second quarter = 80000 * 2 = 160000
25% of 160000 = 40000 pounds
<u />
<u>End of second quarter</u>
The closing inventory for First quarter should be enough to meet 25% production requirement for next quarter. 25% production requirement for second quarter is 45000 pounds.
Production requirement - Second quarter = 90000 * 2 = 180000
25% of 180000 = 45000 pounds
Budgeted Purchase -Second quarter = Closing Inventory in pounds + production in pounds - Opening Inventory in pounds
Purchase requirement - First quarter = 45000 + 160000 - 40000 = 165000 pounds
Answer:
Total cost= $3,595
Explanation:
Giving the following information:
Estimated fixed overehad= $155,000
Estimated variable manufacturing overhead= $3.40 per machine-hour
Estimated machine-hours= 50,000
Job A881:
Total machine-hours 100
Direct materials $645
Direct labor cost $2,300
First, we need to calculate the predetermined overhead rate:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (155,000/50,000) + 3.4
Estimated manufacturing overhead rate= $6.5
Total cost= direct material + direct labor + allocated overhead
Total cost= 645 + 2,300 + (6.5*100)
Total cost= $3,595
Answer:
The Scrum review and retrospect process
Explanation:
Scrum software organizes teams of software developers in order to create a product.
One of the main activities involved in the review and retrospect process is Convene Scrum of Scrums. This is specially useful for larger projects where multiple Scrum teams collaborate together. Members of each team meet and track their respective progress, impediments, and dependencies across teams.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
Abburi Company's manufacturing overhead is 60% of its total conversion costs. Direct labor is $52,000.
We know that the conversion cost formula is:
Conversion cost= direct labor + manufacturing overhead
We need to use a rule of three:
60% = 52,000
100% = x
x= 1*52,000/0.6= 86,667
Now we can calculate overhead:
86,667= 52,000 + overhead
overhead= 34,667
