Saveden hrc produces lesther handbags The production budget for the next four months is July 5,200 units, August 7,600, September 7,500, October318300 Each handbag requires 19 hous of unskilled labor (paid $15 per hour) and 3.2 hours of skilled labor (pald $23 per hour), What will be the totalabor cost for the morth of August?Matple CroceST75.950$E59 360$125 350$TAB00

Solution: Total budgeted labor hours of August - Unskilled = 7600*1.9 = 14440 hours Total…

Men Inc produces lesther handbags. The production budget for the next four months is: July 5,200 units, August 7,600, Septem E300 Each handbag requires 19 hours of urnskiled labor (paid $15 per hour) and 3.2 hours of skilled labor (paid $23 per hour), What will be the to abor cost for the morth of August? 31 Mitple Droice

Men Inc produces lesther handbags. The production budget for the next four months is: July 5,200 units, August 7,600, Septem E300 Each handbag requires 19 hours of urnskiled labor (paid $15 per hour) and 3.2 hours of skilled labor (paid $23 per hour), What will be the to abor cost for the morth of August? 31 Mitple Droice

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 4BE: Pasadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires...

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Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following manufacturing costs: For the coming year, Play-Disc expects to make 300,000 plastic discs, and to sell 285,000 of them. Budgeted beginning inventory in units is 16,000 with unit cost of 4.75. (There are no beginning or ending inventories of work in process.) Required: 1. Prepare an ending finished goods inventory budget for Play-Disc for the coming year. 2. What if sales increased to 290,000 discs? How would that affect the ending finished goods inventory budget? Calculate the value of budgeted ending finished goods inventory.
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Pasadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires molding. Assume that six minutes are required to mold each candle. If molding labor costs 18 per hour, determine the direct labor cost budget for January.
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