5. NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets...
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5. NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for the upcoming quarter. The following data have been gathered for a particular tile design.
Projected unit sales 1,720 cases Selling price per case
$ 240 Inventory at the beginning of the quarter
150 cases Target inventory at the end of the quarter
100 cases Direct labor hours needed to produce one case
2 hours Direct labor wages $ 10 per hour
Direct material cost per case $ 8
Variable manufacturing overhead cost per case $ 6
Fixed overhead costs for the upcoming quarter $ 220,000
a. Using this information, develop NuFloors sales forecast in dollars and its schedule of production in units. b. What is NuFloors budgeted variable manufacturing cost per case? c. Prepare NuFloors manufacturing cost budget. d. What is the projected ending inventory value for this particular tile design?
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