Botz Corporation Makes One Product and It Provided the Following

question 115

Essay

Botz Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations:> The budgeted selling price per unit is $94. Budgeted unit sales for April, May, June, and July are 8,200, 10,600, 10,100, and 15,200 units, respectively. All sales are on credit.> Regarding credit sales, 40% are collected in the month of the sale and 60% in the following month.> The ending finished goods inventory equals 30% of the following month's sales.> The ending raw materials inventory equals 40% of the following month's raw materials production needs. Each unit of finished goods requires 2 pounds of raw materials. The raw materials cost $1.00 per pound.> Regarding raw materials purchases, 10% are paid for in the month of purchase and 90% in the following month.> The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 2.4 direct labor-hours.Required:a. What are the budgeted sales for May?b. What are the expected cash collections for May?c. What is the budgeted accounts receivable balance at the end of May?d. According to the production budget, how many units should be produced in May?e. If 23,260 pounds of raw materials are needed for production in June, how many pounds of raw materials should be purchased in May?f. What is the estimated cost of raw materials purchases for May?g. If the cost of raw material purchases in April is $19,064, then in May what are the total estimated cash disbursements for raw materials purchases?h. What is the estimated accounts payable balance at the end of May?i. What is the estimated raw materials inventory balance at the end of May?j. What is the total estimated direct labor cost for May assuming the direct labor workforce is adjusted to match the hours required to produce the forecasted number of units produced?k. For simplicity, we will assume that there is no fixed manufacturing overhead and that the variable manufacturing overhead is $11.00 per direct labor-hour. What is the estimated unit product cost?l. What is the estimated finished goods inventory balance at the end of May?

Comprehend the strategic use of buffers to soften the impact of negative messages.

Identify appropriate content and tone for subject lines in negative messages.

Realize the necessity of offering alternatives or recommendations alongside bad news.

Know when and how to appropriately convey refusal or negative feedback.

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Definitions:

Butyllithium

A powerful base and nucleophile used in organic synthesis to deprotonate hydrogens or to initiate anionic polymerization processes.

Benzaldehyde

An organic compound characterized by a benzene ring with an aldehyde functional group, known for its almond-like aroma and used in flavoring and perfume.

Methylamine

A simple organic compound with the formula CH3NH2, characterized by a strong ammonia-like odor, used in the production of pesticides and pharmaceuticals.

Reagents

Substances or compounds added to a system to cause a chemical reaction or are used to test for the presence of another substance.