Homework Answers
Ans: Option 1:1920 Kilograms is Correct Answer
The Direct Material Inventory for March
=Ending Direct Materials Inventory for each month is 40% of the
next month's production needs
=1200*40%
=480 units production
Each unit require 4 units of Direct materials
SO
The Ending Direct Material Inventory for March is 480 units*4
Kilograms of Direct materials=1920 Kilograms
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The controller of Harrington Company estimates sales and
production for the first four months of 2016 as follows:
January
February
March
April
Sales
$30,900
$40,400
$53,600
$25,400
Production in units
1,150
1,680
2,000
2,630
Sales are 40% cash and 60% on account, and 60% of credit sales are
collected in the month of the sale. In the month after the sale,
40% of credit sales are collected. It takes 4 kg of direct material
to...
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