Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. matchpoint racket company manufactures two types o

MatchPoint Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The...

Free

90.2K

Verified Solution

Question

Accounting

MatchPoint Racket Company manufactures two types of tennisrackets, the Junior and Pro Striker models. The production budgetfor March for the two rackets is as follows:

JuniorPro Striker
Production budget6,000 units22,200 units

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

Forming DepartmentAssembly Department
Junior0.25 hour per unit0.4 hour per unit
Pro Striker0.35 hour per unit0.75 hour per unit

The direct labor rate for each department is as follows:

Forming Department$18 per hour
Assembly Department$10 per hour

Prepare the direct labor cost budget for March.

MatchPoint Racket Company
Direct Labor Cost Budget
For the Month Ending March 31
Forming
Department		Assembly
Department
Hours required for production:
Juniorfill in the blank 1fill in the blank 2
Pro Strikerfill in the blank 3fill in the blank 4
Total hours requiredfill in the blank 5fill in the blank 6
Hourly ratex$fill in the blank 7x$fill in the blank 8
Total direct labor cost$fill in the blank 9$fill in the blank 10

Answer & Explanation Solved by verified expert
4.5 Ratings (713 Votes)

Direct labor cost budget
For the month ending March 31
Forming Department Assembly Department
Hours required for Production:
Junior                             1,500                                  2,400
Pro Striker                             7,770                                16,650
Total Hours required                             9,270                                19,050
Hourly Rate $                         18.00 $                              10.00
Total Direct labor Cost $                     166,860 $                          190,500

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

People were polled on how many books the read the previous year. Initial survey results indicate...

Accounting
1.2K views

On 11/1/X1 JacobCo Inc. hired an external engineering firm to design a new production line to...

Biology
1.2K views

The microscopes used by students in high schools and colleges are electron neutron light stereo...

Physics
1.2K views

Calculate the forces in the bars of the truss shown Take A as a hinged...

Physics
1.2K views

A conducting spherical shell is given charge 20 A point charge Q is kept inside...

Statistics
1.2K views

ne activity is known to be affected by temperature A examnied the activity rate in...

Calculus
1.2K views

The graph of the equation x2 3 y2 3 102 3 is one of a...

Accounting
1.2K views

Deming & Sons manufactures four grades of lubricant, W-10, W-20, W-30, and W-40, from a...

Accounting
1.2K views

Explain the concept of Family Life Cycle and its use in marketing. Choose one stage...

Accounting
1.2K views

QUESTION: GPS Corporation, a manufacturer of global positioning system devices, is considering eliminating the Oceania...

Accounting
1.2K views

Four Star Video has been in the video rental business for five years. The following...

Accounting
1.2K views

Fadel has the following sources of income and deductions: Net employment income 34,000, Property income...