Chat with us, powered by LiveChat Question: Ruiz Co. Provides The Following Sales Forecast For The Next Four Months April MayJune July 810 Sales (units) 690 770 720 The Company Wants To End Each Month With Ending Finished Goods Inventory Equal To 40% Of Next Month's Forecasted Sales. Finished Goods Inventory On April 1 Is 276 Units. Assume July's Budgeted Production Is 720 Units. In Addition, ... | Wridemy

18 Aug Question: Ruiz Co. Provides The Following Sales Forecast For The Next Four Months April MayJune July 810 Sales (units) 690 770 720 The Company Wants To End Each Month With Ending Finished Goods Inventory Equal To 40% Of Next Month’s Forecasted Sales. Finished Goods Inventory On April 1 Is 276 Units. Assume July’s Budgeted Production Is 720 Units. In Addition, …

Posted at 11:02h in Accounting by
Ruiz Co. provides the following sales forecast for the next four months April MayJune July 810 Sales (units) 690 770 720 The company wants to end each month with ending finished goods inventory equal to 40% of next month’s forecasted sales. Finished goods inventory on April 1 is 276 units. Assume July’s budgeted production is 720 units. In addition, each finished unit requires five pounds (lbs.) of raw materials and the company wants to end each month with raw materials inventory equal to 40% of next month’s production needs. Beginning raw materials inventory for April was 1,444 pounds. Assume direct materials cost $4 per pound Prepare a direct materials budget for April, May, and June. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) RUIZ CO Direct Materials Budget For April, May, and June April May June Budgeted production (units) 722 units aterials requirements per unit Materials needed for production (lbs.) Budgeted ending inventory (Ibs.) Total materials requirements (lbs.) Beginning inventory (lbs.) Materials to be purchased (Ibs.) Cost per lb. Total budgeted direct materials cost 5 lbs 4 $ 4 per lb.

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.

Do you need an answer to this or any other questions?

About Wridemy

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Hire a tutor today CLICK HERE to make your first order

Related Tags

Academic APA Writing College Course Discussion Management English Finance General Graduate History Information Justify Literature MLA