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 cases
Selling price per case $
Inventory at the beginning of the quarter cases
Target inventory at the end of the quarter cases
Direct labor hours needed to produce one case hours
Direct labor wages $ per hour
Direct material cost per case $
Variable manufacturing overhead cost per case $
Fixed overhead costs for the upcoming quarter $
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?
