bor Cost Budget Rip Court Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows:   Junior Pro Striker Production budget 9,400 units 23,000 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows:   Forming Department Assembly Department Junior 0.2 hour per unit 0.5 hour per unit Pro Striker 0.35 hour per unit 0.75 hour per unit The direct labor rate for each department is as follows:

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 12E: Direct labor cost budget Ace Racket Company manufactures two types of tennis rackets, the Junior and...
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  1. Direct Labor Cost Budget

    Rip Court Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows:

      Junior Pro Striker
    Production budget 9,400 units 23,000 units

    Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows:

      Forming Department Assembly Department
    Junior 0.2 hour per unit 0.5 hour per unit
    Pro Striker 0.35 hour per unit 0.75 hour per unit

    The direct labor rate for each department is as follows:

    Forming Department $19 per hour
    Assembly Department $12 per hour

    Prepare the direct labor cost budget for March.

    Rip Court Racket CompanyDirect Labor Cost BudgetFor the Month Ending March 31
      Forming
    Department
    Assembly
    Department
    Hours required for production:    
    Junior fill in the blank 1 fill in the blank 2
    Pro Striker fill in the blank 3 fill in the blank 4
    Total hours required fill in the blank 5 fill in the blank 6
    Hourly rate x$ fill in the blank 7 x$ fill in the blank 8
    Total direct labor cost $ fill in the blank 9 $ fill in the blank 10
     
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