NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for the upcoming quarter. Thefollowing data have been gathered for a particular tile design.Projected unit salesSelling price per caseInventory at the beginning of the quarterTarget inventory at the end of the quarterDirect labor hours needed to produce one caseDirect labor wagesDirect material cost per caseVariable manufacturing overhead cost per caseFixed overhead costs for the upcoming quarter3,600 cases200600 cases800 cases0.40 hours$$$$319,20015 per hour1610a. Using this information, develop NuFloor's sales forecast in dollars and its schedule of production in units.b. What is NuFloor's budgeted variable manufacturing cost per case?c. Prepare NuFloor's manufacturing cost budget.d. What is the projected ending inventory value for this particular tile design?Complete this question by entering your answers in the tabs below.Required ARequired BRequired CRequired DPrepare NuFloor's manufacturing cost budget.Variable manufacturing costs:Total variable manufacturing costsTotal cost of finished goods manufactured%24%24

Given:- Projected sales - 3600 cases Beginning inventory - 600 cases Target Closing inventory - 800…

NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for th following data have been gathered for a particular tile design. Projected unit sales Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct material cost per case Variable manufacturing overhead cost per case Fixed overhead costs for the upcoming quarter 3,600 cases 200 600 cases 800 cases 0.40 hours 2$ $ 15 per hour 16 $ $319,200 10 a. Using this information, develop NuFloor's sales forecast in dollars and its schedule of production in unit b. What is NuFloor's budgeted variable manufacturing cost per case? c. Prepare NuFloor's manufacturing cost budget. d. What is the projected ending inventory value for this particular tile design?

NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for th following data have been gathered for a particular tile design. Projected unit sales Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct material cost per case Variable manufacturing overhead cost per case Fixed overhead costs for the upcoming quarter 3,600 cases 200 600 cases 800 cases 0.40 hours 2$ $ 15 per hour 16 $ $319,200 10 a. Using this information, develop NuFloor's sales forecast in dollars and its schedule of production in unit b. What is NuFloor's budgeted variable manufacturing cost per case? c. Prepare NuFloor's manufacturing cost budget. d. What is the projected ending inventory value for this particular tile design?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 3PB: TIB makes custom guitars and prepared the following sales budget for the second quarter It also has...

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