Question

Calculator Print Item Module 5 Assignment eBook Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budgets The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data from the various administrative units every month. Selected information concerning sales and production for July is summarized as follows: a. Estimated sales for July by sales territory: Maine: Backyard Chef 310 units at $700 per unit 150 units at $1,200 per unit Master Chef Vermont: Backyard Chef 240 units at $ 750 per unit 110 units at $1,300 per unit Master Chef New Hampshire: Backyard Chef 360 units at $750 per unit 180 units at $1,400 per unit Master Chef b. Estimated inventories at July 1: Direct materials: Additional Milest.docx Show all X Start a search 5:53 PM 2/6/2020 20

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Answer 1

Part 3

GOURMET GRILL COMPANY Direct Materials Purchases Budget For the Month Ending July 31
	Grate (units)	Stainless Steel (lbs.)	Burner Sub-assemblies (units)	Shelves (units)	Total
Required units for production:
Backyard Chef	2760	22080	1840	3680
Master Chef	2580	18060	1760	2150
Plus desired inventory, July 31	340	1800	155	315
Total	5680	41940	3715	6145
Less estimated inventory, July 1	290	1500	170	340
Total units to be purchased	5390	40440	3545	5805
Unit price	$15	$6	$110	$10
Total direct materials to be purchased	$80850	$242640	$389950	$58050	$771490

920*3 = 2760

920*24 = 22080

920*2 =1840

920*4 = 3680

430*6= 2580

430*42 = 18060

430*4 = 1760

430*5 =2150

Part 4

GOURMET GRILL COMPANY Direct Labor Cost Budget For the Month Ending July 31
	Stamping Department	Forming Department	Assembly Department	Total
Hours required for production:
Backyard Chef	460	552	920
Master Chef	258	344	645
Total	718	89	1565
Hourly rate	$17	$15	$14
Total direct labor cost	$12206	$13440	$21910	$47556

920*0.5 = 460

920*0.6= 552

920*1= 920

430*0.6 = 258

430*0.8 = 344

430*1.50 = 645