Production and Direct Labor Cost Budgets Two-Leg Company manufactures slacks and jeans under a variety...
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Production and Direct Labor Cost Budgets
Two-Leg Company manufactures slacks and jeans under a variety of brand names, such as Kickers and 101 Denims. Slacks and jeans are assembled by a variety of different sewing operations. Assume that the sales budget for Kickers and 101 Denims shows estimated sales of 15,430 and 29,790 pairs, respectively, for May. The finished goods inventory is assumed as follows:
| Kickers | 101 Denims | |||
| May 1 estimated inventory | 690 | 840 | ||
| May 31 desired inventory | 260 | 1,050 |
Assume the following direct labor data per 10 pairs of Kickers and 101 Denims for four different sewing operations:
| Direct Labor per 10 Pairs | ||||
| Kickers | 101 Denims | |||
| Inseam | 20 | minutes | 14 | minutes |
| Outerseam | 24 | 17 | ||
| Pockets | 8 | 10 | ||
| Zipper | 11 | 7 | ||
| Total | 63 | minutes | 48 | minutes |
Question Content Area
a. Prepare a production budget for May.
| Kickers | 101 Denims | |
| Expected units to be sold | fill in the blank 74e643f0d03d060_1 | fill in the blank 74e643f0d03d060_2 |
| Less May 31 desired inventoryPlus May 1 desired inventoryPlus May 31 desired inventoryPlus May 1 estimated inventoryPlus May 31 estimated inventory | - Select - | - Select - |
| Total units | fill in the blank 74e643f0d03d060_6 | fill in the blank 74e643f0d03d060_7 |
| Less May 1 desired inventoryLess May 31 desired inventoryLess May 1 estimated inventoryLess May 31 estimated inventoryPlus May 1 estimated inventory | - Select - | - Select - |
| Total units to be produced | fill in the blank 74e643f0d03d060_11 | fill in the blank 74e643f0d03d060_12 |
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