Answer
Sales Budget |
||||
For the Month Ending July 31 |
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Unit Sales |
Unit Selling |
|||
Volume |
Price |
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Backyard Chef: |
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Maine |
310 |
$700 |
$217,000 |
|
Vermont |
240 |
$750 |
$180,000 |
|
New Hampshire |
360 |
$750 |
$270,000 |
|
Total |
910 |
$667,000 |
||
Master Chef: |
||||
Maine |
150 |
$1,200 |
$180,000 |
|
Vermont |
110 |
$1,300 |
$143,000 |
|
New Hampshire |
180 |
$1,400 |
$252,000 |
|
440 |
$575,000 |
|||
Total revenue from sales |
$1,242,000 |
Production Budget |
||
For the Month Ending July 31 |
||
Units |
||
Backyard Chef |
Master Chef |
|
Budgeted units to be sold |
910 |
440 |
Desired ending inventory |
40 |
22 |
Total needs |
950 |
462 |
Beginning Inventory |
(30) |
(32) |
Budgeted units to be produced |
920 |
430 |
Direct Materials Purchases Budget |
|||||
For the Month Ending July 31 |
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Grates |
Stainless Steel |
Burner Sub- |
Shelves |
||
(units) |
(lbs.) |
assemblies |
(units) |
||
(units) |
|||||
Required units for production: |
|||||
Backyard Chef |
2,760 |
22,080 |
1,840 |
3,680 |
30,360 |
Master Chef |
2,580 |
18,060 |
1,720 |
2,150 |
24,510 |
Desired inventory, July 31 |
340 |
1,800 |
155 |
315 |
|
Total |
5,680 |
41,940 |
3,715 |
6,145 |
|
Estimated inventory, July 1 |
(290) |
(1,500) |
(170) |
(340) |
|
Total units to be purchased |
5,390 |
40,440 |
3,545 |
5,805 |
|
Unit price |
$15 |
$6 |
$110 |
$10 |
|
Total direct materials to be purchased |
$80,850 |
$242,640 |
$389,950 |
$58,050 |
$771,490 |
Direct Labor Cost Budget |
||||||||
For the Month Ending July 31 |
Forming |
Assembly |
||||||
Stamping |
Department |
Department |
||||||
Department |
||||||||
Hours required for production: |
||||||||
Backyard Chef |
460 |
552 |
920 |
1932 |
||||
Master Chef |
258 |
344 |
645 |
1247 |
||||
718 |
896 |
1565 |
3179 |
|||||
Hourly rate |
$17 |
$15 |
$14 |
|||||
Total direct labor cost |
$12,206 |
$13,440 |
$21,910 |
$47,556 |
The main instruction is the bottom picture eBook Calculator Print Item Sales, Production, Direct Materials Purchases,...
Help I'm stuck with this problem 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...
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 Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master...
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 Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master...
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 Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master...
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 Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master...
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 Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master...
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 Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master...
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 Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master...
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 Master Chef 150 units at $1,200 per unit Vermont: Backyard Chef 240 units at $750 per unit Master...
**Please use numbers listed** Please answer 2-4, thank you in advance!! :) 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 Master Chef 150 units at $1,200...