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

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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 budget6,300 units18,800 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 unit0.5 hour per unit
Pro Striker0.35 hour per unit0.6 hour per unit

The direct labor rate for each department is as follows:

Forming Department$16 per hour
Assembly Department$9 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:
Junior
Pro Striker
Total hours required
Hourly ratex$x$
Total direct labor cost$$

Answer & Explanation Solved by verified expert
4.1 Ratings (543 Votes)

Total Hours required for Junior
Forming Department Assembly Department
Production (a) 6300 6300
Hours required per unit (b) 0.25 0.5
Total Hours Required (a*b) 1575 3150
Total Hours required for Pro Sticker
Forming Department Assembly Department
Production (a) 18800 18800
Hours required per unit (b) 0.35 0.6
Total Hours Required (a*b) 6580 11280
Matchpoint Racket Company
Direct Labor Cost Budget
For the month ending March 31
Forming Department Assembly Department
Hours required for Production
Junior 1575 3150
Pro Sticker 6580 11280
Total Hours required 8155 14430
Hourly rate $                                      16 $                                            9
Total Direct labor cost $                           130,480 $                               129,870

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