Answer:
Anticipated cost of goods manufactured for April= $ 93,000 for 3000 units
Explanation:
Roland Corporation
Budgeted April Sales 2,500 units.
The Beginning finished goods inventory 2,000 units,
Cost of Goods Available for Manufacture 3000
Finished units on hand by the end of April 2,500
Cost of goods manufactured for April 2,500
Direct materials inventory consisted of 800 beginning units
Direct Materials Purchased 6600
Ending balance 1,400 units.
Direct Material used 6000 units
Direct materials cost $3.00 per unit, *3000*2= $ 18,000
Direct labor cost $11.00 per hour, * 3000= $ 33000
Factory overhead is applied at $7.00 per direct labor hour* =$ 42,000
Total Manufacturing Costs $ 93,000
Answer:
$72,000
Explanation:
Roland currently has 2,000 finished units, plans to sell 2,500 during April and wants to have 2,500 in inventory at the end of April, so the production schedule = finished goods sold + ending inventory - beginning inventory = 2,500 units + 2,500 units - 2,000 units = 3,000
So Roland needs to manufacture 3,000 more finished units:
cost of goods manufactured = 3,000 units x $24 per unit = $72,000
