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Coopie Awards solution

Published on February 2018 | Categories: Creative Writing | Downloads: 26 | Comments: 0
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Coopie Awards produces brass plaques. They operates in 3 regions of the country. The western region sales manager estimates sales of 20,000 plaques for the region. Coopie Awards projected sales of 45,000 brass plaques for the year. The estimated January 1 inventory is 3,000 plaques, and the desired December 31 inventory is 5,000 units. Coopie Awards budgeted production of 47,000 brass plaques for the year. 96 square inches are required for each brass plaque. The estimated January 1 brass sheet inventory is 240,000 square inches The desired December 31 brass sheet inventory is 200,000 square inches. Brash sheet costs $0.12 per square inch. Coopie Awards budgeted proction of 47,000 brass plaques. Each plaque requires 12 minutes of engraving. Engraving labor costs $11.00 per hour. Assume the estimated January 1 inventory for finished goods and work in process were $54,000 and $47,000 respectively. Also assume the desired December 31 inventories for finished goods and work in process were $50,000 and $49,000 respectively. Factory overhead was budgeted for $126,000.

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Coopie Awards produces brass plaques. They operates in 3 regions of the country. The western region sales manager estimates sales of 20,000 plaques for the region. Coopie Awards projected sales of 45,000 brass plaques for the year. The estimated January 1 inventory is 3,000 plaques, and the desired December 31 inventory is 5,000 units. Coopie Awards budgeted production of 47,000 brass plaques for the year. 96 square inches are required for each brass plaque. The estimated January 1 brass sheet inventory is 240,000 square inches The desired December 31 brass sheet inventory is 200,000 square inches. Brash sheet costs $0.12 per square inch. Coopie Awards budgeted proction of 47,000 brass plaques. Each plaque requires 12 minutes of engraving. Engraving labor costs $11.00 per hour. Assume the estimated January 1 inventory for finished goods and work in process were $54,000 and $47,000 respectively. Also assume the desired December 31 inventories for finished goods and work in process were $50,000 and $49,000 respectively. Factory overhead was budgeted for $126,000.

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