Homework Answers
| January | February | March | Quarter | |
| Budgeted production | 18086 | 32955 | 29223 | 80264 |
| Standard DLH per unit | 0.25 | 0.25 | 0.25 | 0.25 |
| Total DLH required | 4522 | 8239 | 7306 | 20067 |
| Standard wage rate | 17 | 17 | 17 | 17 |
| Budgeted DL cost | 76874 | 140063 | 124202 | 341139 |
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Joshua Hill, Waterway & Hill Fabricators' production manager, has just completed the company's production budget for...
Joshua Hill, Waterway & Hill Fabricators' production manager, has just completed the company's production budget for...
Joshua Hill, Waterway & Hill Fabricators' production manager, has just completed the company's production budget for the first quarter. January February March Quarter 21,978 37,818 33,46293,258 Each brick requires 15 minutes to produce, and Joshua expects to pay workers $20 per direct labor hour in the coming year. Prepare Waterway & Hill's direct labor budget for the first quarter. (Round per unit answers to 2 decimal places, e.g. 0.35 & all other answers to 0 decimal places, eg. 5,275. Convert...
Joshua Hill, Bramble & Hill Fabricators' production manager, has just completed the company's production budget for...
Joshua Hill, Bramble & Hill Fabricators' production manager, has just completed the company's production budget for the first quarter. January February March Quarter Budgeted Production 20,938 36,710 32,506 90,154 Each brick requires 15 minutes to produce, and Joshua expects to pay workers $19 per direct labor hour in the coming year. Prepare Bramble & Hill's direct labor budget for the first quarter. (Round per unit answers to 2 decimal places, e.g. 0.35 & all other answers to 0 decimal places,...
Joshua Hill, Bonita & Hill Fabricators' production manager, has just received the company's sales budget for...
Joshua Hill, Bonita & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter: February March 10.1409,100 Quarter 24.440 Budgeted unit sales Budgeted ending inventory January 5.200 2,028 7.228 1.456 1,820 1,508 1,508 Total units required 11.960 2,028 10.608 1,820 25.948 1456 Beginning inventory Budgeted production 5,772 9 .932 8,788 24,492 Its manufacturing overhead budget for the first quarter is as follows: January February March Quarter DLH worked 1,443 2,483 2,197 6,123 VOH per DLH...
Joshua Hill, Marigold & Hill Fabricators' production manager, has just received the company's sales budget for...
Joshua Hill, Marigold & Hill Fabricators' production
manager, has just received the company's sales budget for the first
quarter:
PHOTO ONE
Manufacturing overhead budget for the first quarter
follows:
PHOTO ONE
He also received the direct materials purchases budget and
direct labor budget which were as follows:
PHOTO TWO
Joshua plans to have 2,072 finished bricks at a cost of
$18,130 in inventory at the beginning of the year. The company
applies manufacturing overhead based on direct labor hours, and...
James Blossom, Crane & Blossom Fabricators' production manager, has just completed the company's production budget for...
James Blossom, Crane & Blossom Fabricators' production manager, has just completed the company's production budget for the first quarter. Company policy requires an ending finished goods inventory each month that will meet 20% of the following month’s sales volume. January February March Quarter Budgeted Production 23,400 28,800 32,200 84,400 Each brick requires 12 minutes to produce, and James expects to pay workers $15 per direct labor hour in the coming year. Prepare Crane & Blossom's direct labor budget for the...
System Announcements CALCULATOR PRINTER VERSION BACK NEXT RCES Exercise 5-11 Joshua Hill, Coronado & Hill Fabricators'...
System Announcements CALCULATOR PRINTER VERSION BACK NEXT RCES Exercise 5-11 Joshua Hill, Coronado & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March April May June 5,000 9.750 3.750 7.250 23,000 20,000 Company policy requires an ending finished goods inventory each month that will meet 5% of the following month's sales volume. Joshua plans to have 1,400 finished bricks at a cost of $12,250 in inventory at the beginning of the...
Laura Falk, Bramble & Hill Fabricators' accounts receivable manager, has just received the company's sales budget...
Laura Falk, Bramble & Hill Fabricators' accounts receivable manager, has just received the company's sales budget for the first quarter. January February $254.800 $496.860 March Quarter $445.900 $1,197,560 Budgeted revenue The company makes all sales on credit. Laura recently reviewed the company's collection history and found that 70% of the sales are collected in the month of the sale, 26% of sales are collected in the month following the sale, and 4% of sales are uncollectible. The company expects to...
Joshua plans to have 3,248 finished bricks at a cost of $28,420 in inventory at the...
Joshua plans to have 3,248 finished bricks at a cost of $28,420
in inventory at the beginning of the year. The company applies
manufacturing overhead based on direct labor hours, and the current
predetermined rates are $12 per direct labor hour for fixed
manufacturing overhead and $0.70 per direct labor hour for variable
manufacturing overhead.
Prepare Sheridan & Hill’s ending inventory and cost of goods
sold budget for the first quarter. Assuming that the company has no
beginning and ending...
Nancy Daniel, Waterway & Paul Fabricators' purchasing manager, has just received the company's production budget for...
Nancy Daniel, Waterway & Paul Fabricators' purchasing manager, has just received the company's production budget for the first quarter. January February March Budgeted Production 23,400 29,000 33,200 Budgeted sales of April is 34,000 and its beginning inventory is 15,000. May month budgeted sales is 26,000. Company policy requires an ending finished goods inventory each month that will meet 20% of the following month’s sales volume. Each brick requires 6 pounds of clay, and Nancy expects to pay $1.50 per pound...
Crane & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Crane, the...
Crane & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Crane, the company's vice president of marketing, has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $9 each January February March April May June 12,200 23,790 21,350 29,000 23,000 20,000 Crane & Hill Fabricators' marketing department has identified the following monthly expenses that will be needed to support the company's sales and...
Joshua Hill, Waterway & Hill Fabricators' production manager, has just completed the company's production budget for the first quarter. January February March Quarter 21,978 37,818 33,46293,258 Each brick requires 15 minutes to produce, and Joshua expects to pay workers $20 per direct labor hour in the coming year. Prepare Waterway & Hill's direct labor budget for the first quarter. (Round per unit answers to 2 decimal places, e.g. 0.35 & all other answers to 0 decimal places, eg. 5,275. Convert...
Joshua Hill, Bonita & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter: February March 10.1409,100 Quarter 24.440 Budgeted unit sales Budgeted ending inventory January 5.200 2,028 7.228 1.456 1,820 1,508 1,508 Total units required 11.960 2,028 10.608 1,820 25.948 1456 Beginning inventory Budgeted production 5,772 9 .932 8,788 24,492 Its manufacturing overhead budget for the first quarter is as follows: January February March Quarter DLH worked 1,443 2,483 2,197 6,123 VOH per DLH...
Joshua Hill, Marigold & Hill Fabricators' production
manager, has just received the company's sales budget for the first
quarter:
PHOTO ONE
Manufacturing overhead budget for the first quarter
follows:
PHOTO ONE
He also received the direct materials purchases budget and
direct labor budget which were as follows:
PHOTO TWO
Joshua plans to have 2,072 finished bricks at a cost of
$18,130 in inventory at the beginning of the year. The company
applies manufacturing overhead based on direct labor hours, and...
System Announcements CALCULATOR PRINTER VERSION BACK NEXT RCES Exercise 5-11 Joshua Hill, Coronado & Hill Fabricators' production manager, has just received the company's sales budget for the first quarter. January February March April May June 5,000 9.750 3.750 7.250 23,000 20,000 Company policy requires an ending finished goods inventory each month that will meet 5% of the following month's sales volume. Joshua plans to have 1,400 finished bricks at a cost of $12,250 in inventory at the beginning of the...
Laura Falk, Bramble & Hill Fabricators' accounts receivable manager, has just received the company's sales budget for the first quarter. January February $254.800 $496.860 March Quarter $445.900 $1,197,560 Budgeted revenue The company makes all sales on credit. Laura recently reviewed the company's collection history and found that 70% of the sales are collected in the month of the sale, 26% of sales are collected in the month following the sale, and 4% of sales are uncollectible. The company expects to...
Joshua plans to have 3,248 finished bricks at a cost of $28,420
in inventory at the beginning of the year. The company applies
manufacturing overhead based on direct labor hours, and the current
predetermined rates are $12 per direct labor hour for fixed
manufacturing overhead and $0.70 per direct labor hour for variable
manufacturing overhead.
Prepare Sheridan & Hill’s ending inventory and cost of goods
sold budget for the first quarter. Assuming that the company has no
beginning and ending...
Crane & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Crane, the company's vice president of marketing, has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $9 each January February March April May June 12,200 23,790 21,350 29,000 23,000 20,000 Crane & Hill Fabricators' marketing department has identified the following monthly expenses that will be needed to support the company's sales and...
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