Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budgets The budget director of Gourmet Grill Company
Question:
Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budgets
The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data from the various administrative units every month. Selected information concerning sales and production for March is summarized as follows:
a Estimated sales for March by sales territory:
Maine:
Backyard Chef units at $ per unit
Master Chef units at $ per unit
Vermont:
Backyard Chef units at $ per unit
Master Chef units at $ per unit
New Hampshire:
Backyard Chef units at $ per unit
Master Chef units at $ per unit
b Estimated inventories at March :
Direct materials:
Grates units
Stainless steel lb
Burner subassemblies units
Shelves units
Finished products:
Backyard Chef units
Master Chef units
c Desired inventories at March :
Direct materials:
Grates units
Stainless steel lb
Burner subassemblies units
Shelves units
Finished products:
Backyard Chef units
Master Chef units
d Direct materials used in production:
In manufacture of Backyard Chef:
Grates units per unit of product
Stainless steel lb per unit of product
Burner subassemblies units per unit of product
Shelves units per unit of product
In manufacture of Master Chef:
Grates units per unit of product
Stainless steel lb per unit of product
Burner subassemblies units per unit of product
Shelves units per unit of product
e Anticipated purchase price for direct materials:
Grates $ per unit
Stainless steel $ per lb
Burner subassemblies $ per unit
Shelves $ per unit
f Direct labor requirements:
Backyard Chef:
Stamping Department hr at $ per hr
Forming Department hr at $ per hr
Assembly Department hr at $ per hr
Master Chef:
Stamping Department hr at $ per hr
Forming Department hr at $ per hr
Assembly Department hrs at $ per hr
Required:
Prepare a sales budget for March.
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac