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a. Production schedule by product. Note: Use a negative sign in your schedule to indicate that an amount is subtracted Boxes Production budget Units of sales Units desired in ending inv Units needed Units in beginning inv. Budgeted production Total 42,000 1,800 43,800 Direct labor budget Required DL hours: Boxes Trays Total DLHS Average DL wage rate Total DL cost 1,200 x 42.600✔ b. Purchases budget in units by raw material, in total, and in dollars. Note: Round your final answers to the nearest whole dollar. Material purchases: Pounds Dollars Material A Material B 114,770-S 84180 S S S S Trays 30,000 C. Direct labor budget in hours by product, in total, and in dollars. The average direct labor wage rate is $9.50 per hour. 29,850 42.600 x 29.850 18.750 9.5 178,125 5.738.5 5.892.6 11.631.1

a. Production schedule by product. Note: Use a negative sign in your schedule to indicate that an amount is subtracted Boxes Production budget Units of sales Units desired in ending inv Units needed Units in beginning inv. Budgeted production Total 42,000 1,800 43,800 Direct labor budget Required DL hours: Boxes Trays Total DLHS Average DL wage rate Total DL cost 1,200 x 42.600✔ b. Purchases budget in units by raw material, in total, and in dollars. Note: Round your final answers to the nearest whole dollar. Material purchases: Pounds Dollars Material A Material B 114,770-S 84180 S S S S Trays 30,000 C. Direct labor budget in hours by product, in total, and in dollars. The average direct labor wage rate is $9.50 per hour. 29,850 42.600 x 29.850 18.750 9.5 178,125 5.738.5 5.892.6 11.631.1

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter5: Activity-based Costing And Management
Section: Chapter Questions
Problem 9MCQ: Assume that the moving activity has an expected cost of 80,000. Expected direct labor hours are...
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Production and related schedules Goldstein Inc. manufactures and sells plastic boxes and trays. Sales are projected to be evenly spread ove of product follow. Boxes 42,000 2.0 pounds 1.5 pounds Trays Annual Sales 30,000 Material A 1.0 pound Material B 0.8 pound Direct Labor 0.3 hour 0.2 hour Overhead is applied at a rate of $1.60 per direct labor hour. Expected Beg. Inv Desired End. Inv. Material A (pounds) 1.780 1,500 Material B (pounds) 1,400 Boxes (units) 1,800 Trays (units) 650 Material A costs $0.05 per pound, and Material B costs $0.07 per pound. Prepare the following information 5,000 1,200 800
Transcribed Image Text:Production and related schedules Goldstein Inc. manufactures and sells plastic boxes and trays. Sales are projected to be evenly spread ove of product follow. Boxes 42,000 2.0 pounds 1.5 pounds Trays Annual Sales 30,000 Material A 1.0 pound Material B 0.8 pound Direct Labor 0.3 hour 0.2 hour Overhead is applied at a rate of $1.60 per direct labor hour. Expected Beg. Inv Desired End. Inv. Material A (pounds) 1.780 1,500 Material B (pounds) 1,400 Boxes (units) 1,800 Trays (units) 650 Material A costs $0.05 per pound, and Material B costs $0.07 per pound. Prepare the following information 5,000 1,200 800
a. Production schedule by product. Note: Use a negative sign in your schedule to indicate that an amount is subtracted Boxes Production budget Units of sales Units desired in ending inv Units needed Units in beginning inv. Budgeted production Total 42,000 1,800 43.800 1,200 x Direct labor budget Required DL hours: Boxes Trays 42.600 Pounds 114,770 S 84,180 S $ b. Purchases budget in units by raw material, in total, and in dollars. Note: Round your final answers to the nearest whole dollar. Material purchases: Dollars Material A Material B S Trays 42.600 x 29.850 x 18.750 30,000 C. Direct labor budget in hours by product, in total, and in dollars. The average direct labor wage rate is $9.50 per hour. 800 x 95 - 178,125 29,850 5.738.5 5.892.6 11.631.1 Total DLHS Average DL wage rate Total DL cost d. Overhead to be charged to production by product and in total.
Transcribed Image Text:a. Production schedule by product. Note: Use a negative sign in your schedule to indicate that an amount is subtracted Boxes Production budget Units of sales Units desired in ending inv Units needed Units in beginning inv. Budgeted production Total 42,000 1,800 43.800 1,200 x Direct labor budget Required DL hours: Boxes Trays 42.600 Pounds 114,770 S 84,180 S $ b. Purchases budget in units by raw material, in total, and in dollars. Note: Round your final answers to the nearest whole dollar. Material purchases: Dollars Material A Material B S Trays 42.600 x 29.850 x 18.750 30,000 C. Direct labor budget in hours by product, in total, and in dollars. The average direct labor wage rate is $9.50 per hour. 800 x 95 - 178,125 29,850 5.738.5 5.892.6 11.631.1 Total DLHS Average DL wage rate Total DL cost d. Overhead to be charged to production by product and in total.
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