Question

P6-40 (similar to) Animal Transport Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of
Animal Transport uses an activity-based costing system and classifies overhead into three activity pools: Setup. Processing,
Product Information of Input Prices Direct materials Plastic 4 per pound Metal $ 3 per pound Direct manufacturing labor $ 10
Account Information 215 Sales and Inventory Information, Finished Goods Cat-allac Dog-eriffic Expected sales in units 500 Sel
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Answer #1
1 Revenues budget
Cat-allac Dog-eriffic
Expected sales in units a 500 215
Selling price b 215 320
Expected revenue a*b 107500 68800
2 Production budget in units
Cat-allac Dog-eriffic
Expected sales in units 500 215
Less: beginning inventory 15 30
485 185
Add: target ending inventory 35 15
Units to be produced 520 200
3 Direct material usage budget
Plastic Metal
Cat-allac:
Units to be produced 520
Materials required per unit (in pounds) 3 0.5
Direct materials to be used a 1560 260
(520*3) (520*0.5)
Dog-eriffic:
Units to be produced 200
Materials required per unit (in pounds) 5 1
Direct materials to be used b 1000 200
(200*5) (200*1)
Total quantity of direct materials to be used
(a+b) 2560 460
Direct material purchases budget
Plastic Metal
Total quantity of direct materials to be used 2560 460
Less: beginning inventory 270 70
2290 390
Add: target ending inventory 400 65
Materials to be purchased a 2690 455
cost per pound b 4 3
Direct material purchase cost a*b 10760 1365
4 Direct manufacturing labor cost budget
Cat-allac Dog-eriffic
Units to be produced a 520 200
Direct manufacturing labor hours per unit    b 3 5
Direct manufacturing labor cost a*b 1560 1000
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