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The numbers in red box are incorrect answers. please help me find the right answ

ID: 2563231 • Letter: T

Question

The numbers in red box are incorrect answers. please help me find the right answer.

On lanuary 1, 2017, the Handn Compary budget commtbee hs resched agreement on the followng data for the & monthe ending June 30. 2017 first quarter 5,800; second quarter 5,600; thrd quarter 7,600 tan matirwa nvertory: Eding firished goods inventory: 40% of the rest aurtin proacten recur mrs 2586 7,780 unts | the rest quarter's expected sales ints The endrig raw materials and firashed goods inventonesDecember 31, 20te, friw the urre perreres e re non hos to pro oton and s s thr oor n arr a oeund trin male air goods Raw materials purcthased sre expected to cost s4 per pound resn onsh ps to producion and sakes thor ooour in 2033 4 cunds of tam matuna

Explanation / Answer

Answer

Q1

Q2

Units to be produced

6000

6850

Direct material pounds per unit

4

4

Requirement of RM

24000

27400

Add:

Closing inventory

[27400 x 40%] 10960

[31120 x 40%] 12448

Total material (in pounds) required

34960

39848

Less:

Opening inventory

9600

10960

To be purchased

25360

28888

Cost per pounds of RM

4

4

Total Cost of Direct materials purchases

101440

115552

216992

Q1

Q2

Units to be produced

6000

6850

Direct material pounds per unit

4

4

Requirement of RM

24000

27400

Add:

Closing inventory

[27400 x 40%] 10960

[31120 x 40%] 12448

Total material (in pounds) required

34960

39848

Less:

Opening inventory

9600

10960

To be purchased

25360

28888

Cost per pounds of RM

4

4

Total Cost of Direct materials purchases

101440

115552

216992

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