All our Essay orders are Original, and are written from scratch. Try us today at 30% off

Project Two: Master Budget

Want answers to the assignment Below?

Text or Whatsapp Olivia at +1 (307) 209-4351


 

Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2020.

1.
 
Sales: quarter 1, 28,200 bags; quarter 2, 43,400 bags. Selling price is $63 per bag.

2.
 
Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $3.80 per pound and 6 pounds of Tarr at $1.50 per pound.

3.
 

Desired inventory levels:

 

Type of Inventory
 
January 1
 
April 1
 
July 1

Snare (bags)
 
8,100
 
12,500
 
18,300

Gumm (pounds)
 
9,100
 
10,200
 
13,100

Tarr (pounds)
 
14,200
 
20,500
 
25,500

 
 

4.
 
Direct labor: direct labor time is 15 minutes per bag at an hourly rate of $16 per hour.

5.
 
Selling and administrative expenses are expected to be 15% of sales plus $177,000 per quarter.

6.
 
Interest expense is $100,000.

7.
 
Income taxes are expected to be 30% of income before income taxes.

 
Your assistant has prepared two budgets: (1) the manufacturing overhead budget shows expected costs to be 125% of direct labor cost, and (2) the direct materials budget for Tarr shows the cost of Tarr purchases to be $303,000 in quarter 1 and $423,500 in quarter 2. (Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Tarr.)
The post Project Two: Master Budget first appeared on Assignment writing service.

  

Testimonials

Mh! not bad…

The worst part ever was to find my deadline postponed for 1 hour ! They couldn`t finish the essay within...

Best

They look cool and trustworthy enough to me. I gather they made discounts as their prices are quite affordable if...

No Complaints So far Guys

Yeah …I really like all the discounts that they offer, the prices are very flexible. Plus they have different promotions...

Best Service

The book review I asked for is so amazing! Endless thanks to your team for completing my review and for...

Comes through every time

I have used this website for many times, and each time they found perfect writers for me and they produce...

Great Job

Great job! Those were you, guys, who made my coursework perfect in time according to all my requirements. I will...

CLICK HERE  To order your paper

About Scholarfront Essay writing service

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for upto 20% off in their first Order. Our payment method is safe and secure.

 CLICK HERE to Order Your Assignment

 

ORDER WITH 15% DISCOUNT

Let your paper be done by an expert

Custom Essay Writing Service

Our custom essay writing service has already gained a positive reputation in this business field. Understandably so, all custom papers produced by our academic writers are individually crafted from scratch and written according to all your instructions and requirements. We offer Havard, APA, MLA, or Chicago style papers in more than 70 disciplines. With our writing service, you can get quality custom essays, as well as a dissertation, a research paper, or term papers for an affordable price. Any paper will be written on time for a cheap price.

Professional Essay writing service

When professional help in completing any kind of homework is all you need, scholarfront.com is the right place to get it. We guarantee you help in all kinds of academia, including essay, coursework, research, or term paper help etc., it is no problem for us. With our cheap essay writing service, you can be sure to get credible academic aid for a reasonable price, as the name of our website suggests. For years, we have been providing online custom writing assistance to students from countries all over the world, including the United States, Canada, the United Kingdom, Australia, Italy, New Zealand, China, and Japan.