Star Company expect to sell 1,000 units of a product at expected selling price of $95. Direct material per unit 2 lbs. per unit Direct materials beginning inventory 100 lbs. Direct materials target ending inventory 300 lbs. Finished goods beginning inventory 500 units Finished goods ending inventory 200 units Prepare the sales budget. Prepare the production budget...

Star Company expect to sell 1,000 units of a product at expected selling price of $95. Direct material per unit 2 lbs. per unit Direct materials beginning inventory 100 lbs. Direct materials target ending inventory 300 lbs. Finished goods beginning inventory 500 units Finished goods ending inventory 200 units Prepare the sales budget. Prepare the production budget...

Name: Please do not give solution in image format thanku Star Company expect
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Description: Please do not give solution in image format thanku Star Company expect to sell 1,000 units of aproduct at expected selling price of $95.Direct material per unit 2 lbs. per unit Directmaterials beginning inventory 100 lbs. Directmaterials target endin

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter8: Budgeting For Planning And Control

Section: Chapter Questions

Problem 6CE: Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following...

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Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following manufacturing costs: For the coming year, Play-Disc expects to make 300,000 plastic discs, and to sell 285,000 of them. Budgeted beginning inventory in units is 16,000 with unit cost of 4.75. (There are no beginning or ending inventories of work in process.) Required: 1. Prepare an ending finished goods inventory budget for Play-Disc for the coming year. 2. What if sales increased to 290,000 discs? How would that affect the ending finished goods inventory budget? Calculate the value of budgeted ending finished goods inventory.
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