FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Junior ? 
pro striker ?
Total?

hourly rate ?

total direct labor cost?  

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Direct Labor Cost Budget
Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for
July for the two rackets is as follows:
Junior
Pro Striker
Production budget
9,500 units
21,400 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
0.25 hour per unit
0.50 hour per unit
Junior
0.75 hour per unit
0.35 hour per unit
Pro Striker
The direct labor rate for each department is as follows:
$16.00 per hour
Forming Department
$10.00 per hour
Assembly Department
Prepare the direct labor cost budget for July.
Ace Racket Company
Direct Labor Cost Budget
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Transcribed Image Text:CengageNOWv2 | Onlin X + X gagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator=assignment-take&inprogres t еВook Calculator Print Item Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows: Junior Pro Striker Production budget 9,500 units 21,400 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 0.25 hour per unit 0.50 hour per unit Junior 0.75 hour per unit 0.35 hour per unit Pro Striker The direct labor rate for each department is as follows: $16.00 per hour Forming Department $10.00 per hour Assembly Department Prepare the direct labor cost budget for July. Ace Racket Company Direct Labor Cost Budget 7:09 PM ) 11/17/2019 ins prt sc 12 pg dn f10 home end pg up delete f8 f6 15 II & num backspace O 7 lock 5 7 P Y T pg up home 96
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ount cheat
Assembly Department
$10.00 per hour
Prepare the direct labor cost budget for July.
Ace Racket Company
Direct Labor Cost Budget
For the Month Ending July 31
Assembly Department
Forming Department
Hours required for production:
Junior
Pro Striker
Total
XS
X$
Hourly rate
Total direct labor cost
Next
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Transcribed Image Text:+V CengageNOWv2| Onlin X CC //2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator=assignment-take&inprogres ount cheat Assembly Department $10.00 per hour Prepare the direct labor cost budget for July. Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Assembly Department Forming Department Hours required for production: Junior Pro Striker Total XS X$ Hourly rate Total direct labor cost Next Previous Check My Work 6 more Check My Work uses remaining. ns 7:09 PM rch 11/17/2019 Lhp ins prt sc f12 f1o f9 home end delete f8 pg up f6 f4 f5 + 10 IO & num backspace 9 8 4 5 lock 7 LO 96 GUPICO
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