1. Calculate materials needed (in pounds) for production in each month of April, May, and June.

A manufacturing company has budgeted production of 5,000 units for May and 4,400 units in June. Each unit requires 3 pounds of materials at a cost of $10 per pound. On May 1, there are 2,750 pounds of materials on hand. The company desires an ending materials inventory of 60% of the next month's materials requirements. The total cost of direct materials purchases for May will be $.

Assume for a firm that budgeted production for July and August is 180 000 and 200 000 units respectively. It takes half a kilogram of direct material to make one unit of finished product. Materials inventory is maintained at 10 per cent of the next month's budgeted production needs. If the 30 June inventory of materials was 9000 kg, how many kilograms of direct material should be purchased during July?

The two steps to complete the production budget include: (Check all that apply.)Multiple select question.compute cost of materials purchasesenter materials cost per poundcompute total required unitscompute units to produce

Masterson Company's budgeted production calls for 56,000 units in April and 52,000 units in May of a key raw material that costs $1.85 per unit. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The April 1 inventory for this material is 16,800 units. What is the budgeted materials needed in units for April?Multiple Choice54,800 units.56,000 units.57,600 units.39,200 units.71,600 units.

Calculate the numerical value of the quantity asked.A chocolate company makes a variety of chocolates in three factories. The demand for chocolates is very seasonal, with peaks during the winter months and valleys during the summer months. Given the following costs and quarterly sales forecasts, determine the cost of level production strategy.Quarter Sales Forecast (in pounds)January–March 80,000April–June 50,000July–September 1,20,000October–December 1,50,000Hiring cost = $100 per workerFiring cost = $500 per workerInventory carrying cost = $0.50 per pound per quarterRegular production cost per pound = $2.00Production per employee = 1000 pounds per quarterBeginning workforce = 100 workers