Homework Answers
| Ans. | Option 2nd $441000 | |
| DIRECT LABOR BUDGET | ||
| Units to be proudced | 28000 | |
| Direct labor hours per unit | 1.5 | |
| Total direct labor hours needed | 42000 | |
| Direct labor cost per hour | 10.5 | |
| Cost of labor | 441000 | |
| Total direct labor hours needed = Units to be produced * Direct labor hours per unit | ||
| Cost of labor = Total direct labor hours needed * Direct labor cost per hour | ||
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The LFH C the required workload. LFH Corporation needs to prepare a Direct Labor Budget for...
The LFH Corporation makes and sells a single product, Product T. Each unit of Product T...
The LFH Corporation makes and sells a single product, Product T. Each unit of Product T requires 1.5 direct labor-hours at a rate of $10.50 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. LFH Corporation needs to prepare a Direct Labor Budget for the second quarter of next year. The company has budgeted to produce 28,000 units of Product T in June. The finished goods inventories on June 1 and June 30...
Smith Corporation makes and sells a single product called a Pod. Each Pod requires 14 direct...
Smith Corporation makes and sells a single product called a Pod. Each Pod requires 14 direct labor-hours at $9.60 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. Smith Corporation is preparing a Direct Labor Budget for the second quarter of the year. The budgeted direct labor cost per Pod is closest to: Multiple Choice $1344 $9.60 $7.38 $11.00 оооо
39. Budgeting for Sales, Production, Direct Materials, Direct Labor, and Manufacturing Overhead. ...
NEED ANSWER OF THE " F " PART ONLY!
39. Budgeting for Sales, Production, Direct Materials, Direct Labor, and Manufacturing Overhead. Sports Bars Inc., produces energy bars and sells them by the case (1 unit - 1 case). Information to be used for the operating budget this coming year follows: Average sales price for each case is estimated to be $25. Unit sales for this coming year, ending December 31, are expected to be as follows First quarter 80,ooo Second...
Exercise 8-4 Direct Labor Budget (L08-5) The production manager of Rordan Corporation has submitted the following...
Exercise 8-4 Direct Labor Budget (L08-5) The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 8,800 7,000 7 ,400 8,300 Each unit requires 0.55 direct labor-hours, and direct laborers are paid $10.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match...
MANAG.ACCT.-214-52 Smith Corporation makes and sells a single product called a Pod. Each Pod requires 1.7...
MANAG.ACCT.-214-52 Smith Corporation makes and sells a single product called a Pod. Each Pod requires 1.7 direct labor-hours at $9.90 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. Smith Corporation is preparing a Direct Labor Budget for the second quarter of the year. In June the company has budgeted to produce 22,300 Pods. Budgeted direct labor costs incurred in June would be: (Round your intermediate calculations to 2 decimal places.) Select one:...
Please don't leave out Required 2. The direct labor budget of Yuvwell Corporation for the upcoming...
Please don't leave out Required 2.
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 11,400 2nd Quarter 9,900 3rd Quarter 10,200 4th Quarter 11,000 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.25 per direct labor-hour and its total fixed manufacturing overhead is $82,000 per quarter. The only noncash item included...
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerni...
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 10,600 9.500 9,800 10,600 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.25 per direct labor-hour and its total fixed manufacturing overhead is $74,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation,...
prepapre a budget for lowell company prepare a direct labor budget for lowell company Prepare a...
prepapre a budget for lowell company
prepare a direct labor budget for lowell company
Prepare a production budget for lowell company by month for the
first quarter of the year
Exercise 9-10 (Part Level Submission) Lowell company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2020. January 10,400 $50.70 Estimated unit sales Sales price per unit Direct labor hours per unit Wage per direct labor...
Direct Materials Purchases Budget: Direct Labor Budget Crescent Company produces stuffed toy animals; one of these...
Direct Materials Purchases Budget: Direct Labor Budget Crescent Company produces stuffed toy animals; one of these is "Arabeau the Cow." Each Arabeau takes 0.20 yard of fabric (white with irregular black splotches) and eight ounces of polyfiberfill. Fabric costs $3.50 per yard and polyfiberfill is $0.05 per ounce. Crescent has budgeted production of Arabeaus for the next four months as follows Units 42,000 90,000 50,000 40,000 October November December anuary Inventory policy requires that sufficient fabric be in ending monthly...
Problems 38. Budgeting for Sales, Production, Direct Materials, Direct Labor, and Manufacturing Overhead: Ethical issues. Sanders...
Problems 38. Budgeting for Sales, Production, Direct Materials, Direct Labor, and Manufacturing Overhead: Ethical issues. Sanders Swimwear, Inc., produces swimsuits. The following information is to be used for the operating budget this coming year. • Average sales price for each swimsuit is estimated to be $50. Unit sales for this coming year ending December 31 are expected to be as follows: First quarter 3.000 Second quarter 5.000 Third quarter 20.000 Fourth quarter 6,000 . Finished goods inventory is maintained at...
The LFH Corporation makes and sells a single product, Product T. Each unit of Product T requires 1.5 direct labor-hours at a rate of $10.50 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. LFH Corporation needs to prepare a Direct Labor Budget for the second quarter of next year. The company has budgeted to produce 28,000 units of Product T in June. The finished goods inventories on June 1 and June 30...
Smith Corporation makes and sells a single product called a Pod. Each Pod requires 14 direct labor-hours at $9.60 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. Smith Corporation is preparing a Direct Labor Budget for the second quarter of the year. The budgeted direct labor cost per Pod is closest to: Multiple Choice $1344 $9.60 $7.38 $11.00 оооо
NEED ANSWER OF THE " F " PART ONLY!
39. Budgeting for Sales, Production, Direct Materials, Direct Labor, and Manufacturing Overhead. Sports Bars Inc., produces energy bars and sells them by the case (1 unit - 1 case). Information to be used for the operating budget this coming year follows: Average sales price for each case is estimated to be $25. Unit sales for this coming year, ending December 31, are expected to be as follows First quarter 80,ooo Second...
Exercise 8-4 Direct Labor Budget (L08-5) The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 8,800 7,000 7 ,400 8,300 Each unit requires 0.55 direct labor-hours, and direct laborers are paid $10.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. Assume that the direct labor workforce is adjusted each quarter to match...
MANAG.ACCT.-214-52 Smith Corporation makes and sells a single product called a Pod. Each Pod requires 1.7 direct labor-hours at $9.90 per direct labor-hour. The direct labor workforce is fully adjusted each month to the required workload. Smith Corporation is preparing a Direct Labor Budget for the second quarter of the year. In June the company has budgeted to produce 22,300 Pods. Budgeted direct labor costs incurred in June would be: (Round your intermediate calculations to 2 decimal places.) Select one:...
Please don't leave out Required 2.
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 11,400 2nd Quarter 9,900 3rd Quarter 10,200 4th Quarter 11,000 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $6.25 per direct labor-hour and its total fixed manufacturing overhead is $82,000 per quarter. The only noncash item included...
The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following details concerning budgeted direct labor-hours: Budgeted direct labor-hours 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 10,600 9.500 9,800 10,600 The company uses direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead rate is $5.25 per direct labor-hour and its total fixed manufacturing overhead is $74,000 per quarter. The only noncash item included in fixed manufacturing overhead is depreciation,...
prepapre a budget for lowell company
prepare a direct labor budget for lowell company
Prepare a production budget for lowell company by month for the
first quarter of the year
Exercise 9-10 (Part Level Submission) Lowell company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2020. January 10,400 $50.70 Estimated unit sales Sales price per unit Direct labor hours per unit Wage per direct labor...
Direct Materials Purchases Budget: Direct Labor Budget Crescent Company produces stuffed toy animals; one of these is "Arabeau the Cow." Each Arabeau takes 0.20 yard of fabric (white with irregular black splotches) and eight ounces of polyfiberfill. Fabric costs $3.50 per yard and polyfiberfill is $0.05 per ounce. Crescent has budgeted production of Arabeaus for the next four months as follows Units 42,000 90,000 50,000 40,000 October November December anuary Inventory policy requires that sufficient fabric be in ending monthly...
Problems 38. Budgeting for Sales, Production, Direct Materials, Direct Labor, and Manufacturing Overhead: Ethical issues. Sanders Swimwear, Inc., produces swimsuits. The following information is to be used for the operating budget this coming year. • Average sales price for each swimsuit is estimated to be $50. Unit sales for this coming year ending December 31 are expected to be as follows: First quarter 3.000 Second quarter 5.000 Third quarter 20.000 Fourth quarter 6,000 . Finished goods inventory is maintained at...
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