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Custom Design manufactures t-shirts for new parents and grandparents by turning a client's newborn baby's picture into a design on the shirt. The following information has been provided by various units within Custom Design's departments. The company purchases cotton t-shirts in bundles of 100 at a price of $400 per bundle. Custom Design has to pay shipping charges of $10 per bundle. The process of transferring pictures onto the shirts costs $0.75 per shirt. Each shirt is boxed in a cardboard box that costs $0.15 each. It takes one worker 10 minutes to prepare a shirt and transfer the picture onto the shirt and another worker 5 minutes to check the shirt for flaws in the printing and package the shirt. Workers are paid $15 per hour. Custom Design applies overhead at a rate of 100% of direct labor cost. Compute the standard cost of producing one t-shirt. (Round answers to 2 decimal places, e.g. 52.75.) Standard cost per shirt $ eTextbook and Media Save for Later Attempts: 0 of 4 used Submit AnswerDanny's Delights is a wholesale bakery. Danny makes a variety of baked goods which he sells to restaurants and grocery stores. His best-selling item is a peanut butter cookie. The recipe calls for 1 cup of peanut butter. 1 cup of sugar and 1 egg. Each recipe makes a batch of one dozen cookies. Danny/s standard direct materials cost for batch of cookies is $0.9 for peanut butter, $0.15 for sugar and $0.1 for an egg. In addition, the cookies are packaged by the dozen in cardboard containers costing $0.25 each. One batch of cookies requires 4 minutes preparation time, 8 minutes of cooking timer and 3 minutes of packagingtlme. The standard wage rate is $15 per hour. Overhead is applied at 50% of direct labor cost. Calculate the standard cost for a batch {1 dozen} of peanut butter cookies. [Round answers to 2dec1rml places. as. 52.75.] Standard cost for a dozen cookies $ I The detailed budgets for baseball pants is presented below. EXHIBIT S. 5 CAC Sports' sake forecast. D CAC Sports Sales Forecast 2021 Annual 5 Baseball pants 307090 20,040 12,009 12.900 127400 10.070 10.009 20 040 401200 200 000 & Baseball Jerseys 12/090 5.000 6:030 7.000 6 000 15 000 70 000 7 Award Jackets 5,000 5000 3000 18,000 EXHIBIT BA CRC Sports' sales budget 1 CRC Sports 2021 4th Quarter Sales Budget - Baseball Pants Ortsher Ath Quarter 5 Budgeted unit sales [Exhibit 5-5) 10,000 20,000 40,000 TO,000 4 Budgeted sales price 19.00 19.00 $ 19/00 $ 19/00 7 190.000 380 000 $ 760,000 $ 1.330.000 10 2021 4th Quarter Sales Budget - All Products 11 12 October Ath quarter 13 Baseball pants 190.000 980,000 5 760,000 15 135 1000 14 Baseball Jerseys 88,OOD 132.000 330,000 550.000 15 Award jackets 175000 875 000 525.000 1.575,000 16 Total 453.000 5 1.387.000 5 1.615,000 5 9.455,000 EXHIBIT 5.8 C&C Sports' production budget-baseball pants. H CMC Sports 2021 4th Quarter Production Budget - Baseball Pants October November December #th Quarter 5 Budgeted unit sales (Exhibit 5-5) 10,000 20,000 39% 40,800 70,000 Budgeted ending Inventory 5,000 9.500 4 9.900 7 Total units required 15.000 Inventory Beginning Inventory 2 500 5,000 10 000 Budgeted production 12.500 25,000 1500 17 000 Using information in Exhibits 5.5.5.& and 5.8, prepare a detailed sales budget and production budget for baseball jerseys for the fourth quarter. Budgeted sales of baseball jerseys in January 2022 is 12,000 jerseys.Using information in Exhibits 5.5,5.& and 5.8, prepare a detailed sales budget and production budget for baseball jerseys for the fourth quarter. Budgeted sales of baseball jerseys in January 2022 is 12,000 jerseys. Sales Budget October November December Production Budget October November DecemberMilligan Manufacturing Company produces and sells garden tools. The company has developed the following production plan for its new electric trimmer. January February March April Budgeted production (in units) 4,000 4,000 5,000 6,000 Each unit requires three feet of metal tubing. The company wishes to have ending inventory of metal tubing equal to 110% of its next month's production needs, plus an additional 100 feet. January's beginning inventory meets this requirement. Milligan's standard cost per foot is $2.8. Prepare the 1" quarter direct materials purchases budget for metal tubing. (Round Standard material per unit to O decimal place, e.g. 5,275 and Standard price per foot answers to 2 decimal places, e.g. 52.75.) MilliganManufacturing Company Direct Materials Purchases Budget - Metal Tubing 1 st Quarter January February V $
