152. Clic, Inc. provides the following data for the next four months: March April May June July Unit Sales 500 580 530 600 Ending Raw Materials...





152. Clic, Inc. provides the following data for the next four months:










































March




April




May




June




July




Unit Sales







500




580




530




600




Ending Raw Materials Inventory




663 lbs.
















Ending Finished Goods Inventory




174 units

















Desired ending inventory:

Raw materials = 30% of next month's production needs

Finished goods = 20% of next month's sales
Pounds of raw material required for each finished Unit = 5 lbs.



Direct labor hours per unit = 0.5 hrs



Direct labor rate = $12/hour
Required:



a. Calculate the budgeted production for April and May.
b. Calculate the amount of purchases of raw materials in pounds for April and May.



c. Calculate the cost of direct labor for May.











May 15, 2022
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