Question Details

(Solution Download) Cost Accounting

Brief item decscription

Instant Solution Download for the question described below

Item details:


Eppes Plating Company plans to sell 120,000 units of a certain product line at a price of $6. There are 10,000 units of the


product in the inventory at January 1 and the inventory is to be increased 20% during the year. Two types of materials are used to make the product. Four units


of Material A each costing 30 cents are required for each unit of product, and two units of Material B costing 40 cents are required for each unit of product.


On January 1 there are 10,000 units of Material A in inventory and 5,000 units of Material B. Plans for the year indicate that 12,000 units of Material A and


6,000 units of Material B are to be produced in 15 minutes of direct labor time. Direct labor is paid at the rate of $8.00 an hour. The variable manufacturing


overhead varies at the rate of $.50 per direct labor hour and the fixed manufacturing overhead for the year is estimated at $140,000. Required: a. Prepare a


production budget for the year. b. Prepare a materials purchases budget for the year. c. Prepare a labor cost budget for the year. d. Prepare a budget for


manufacturing overhead for the year.



About this question:

This question was answered on: Oct 24, 2017

PRICE: $15.99 (18.37 KB)

Buy this answer for only: $15.99

Pay using PayPal (No PayPal account Required) or your credit card. All your purchases are securely protected by PayPal.

Need a similar solution fast, written anew from scratch? Place your own custom order

We have top-notch tutors who can help you with your essay at a reasonable cost and then you can simply use that essay as a template to build your own arguments. This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student. New solution orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

Order Now