Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the production budget for manner company shows uni

The production budget for Manner Company shows units to be produced as follows: July, 620:...

70.2K

Verified Solution

Question

Accounting

image

image

The production budget for Manner Company shows units to be produced as follows: July, 620: August, 680. and September. 540. Each unit produced requires three hours of direct labor. The direct labor rate is currently $16 per hour but is predicted to be $16.75 per hour in September Prepare a direct labor budget for the months July, August, and September MANNER COMPANY Direct Labor Budget For July, August, and September July August 620 680 September 540 units Budgeted production (units) Total labor hours needed Budgeted direct labor cost Blue Wave Co. predicts the following unit sales for the coming four months: September, 2.800 units. October 4,600 units, November 6.400 units; and December, 7.900 units. The company's policy is to maintain finished goods inventory equal to 50% of the next month's sales. At the end of August, the company had 2.600 finished units on hand. Prepare a production budget for each of the months of September October, and November. Blue Wave Co. Production Budget September, October and November September October Next month's budgeted sales (units) % % November 0 0 0 Units to be produced 0 0 0

Answer & Explanation Solved by verified expert
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