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Whistle Works manufacturers safety whistle keychains. They have the following in

ID: 2573670 • Letter: W

Question

Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget: Units to be produced October November December 4,500 4,750 5,200 Whistle Works sells each whistle for $12. It takes 3 ounces of metal to produce each whistle at a cost of $0.50 per ounce. They prefer to have 10% of materials required for the following month's production in ending inventory as well. What is the total cost of direct materials for October to meet production needs? OA. $2,250 OB. $6,712.50 OC. $2,263 O D. $6,787.50

Explanation / Answer

Total Production in October :-

Total Cost of Direct Materials = 4525 * 3 * $0.5 = $6787.5

The Answer is "D"

Units Produced in October 4500 Less : Openig Inventory (4500*10%) (450) Add : Ending Inventory (4750*10%) 475 Total Production In October 4525