Mien Co. plans to launch its new product, the Nixit, in April of this year. The

Question

Mien Co. plans to launch its new product, the Nixit, in April of this year. The company is budgeting April sales of 53,000 units Mien's budget requires 6,000 units of Nixit in its finished goods inventory at the end of April; there were 8,000 units of Nlxit on hand at the beginning of the month, which were produced in March. The production of one unit of Nixit requires 4 kilos of the chemical Loire. There were 125,000 kilos of Loire on hand at the beginning of April and, based on next month's production, the desired ending inventory of Loire was 75,000 kilos Question 20 Not yet answered Not graded Flag question Leave blank and continue to the questions below What is the required production (in units) of Nixit in the month of April? Do not include commas. Round amounts to the nearest whole unit. Question 21 Tries remaining 4 Points out of 2.00 Answer: Check Flag question Question 22 What are the required purchases of chemical Loire (in kilos) for the month of April? Tries remaining 4 Answer: Points out of 2.00 Check Flag question

Explanation / Answer

21) Mien Co. Production Budget April Budgeted Sales Units 53000 (+) Ending inventory 6000 (-) Begning Inventory -8000 Required Production 51000 22) Mien Co. Direct Material Purchase Budget April Budgeted Production 51000 Material requirement per unit 4 Material needed for production 204000 Budgeted ending inventory 75000 Total material requirements 279000 Budgeted begning inventory -125000 Material to be purchased (in kilos) 154000

Related Questions

Navigate

• Browse (All)
• Browse M
• Subjects

---