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Alleyway Corp. manufactures two styles of leather bowling bag, the Strike and Turkey. Budgeted production levels for October follow Production Strike 2,400 bags Turkey 3,550
Alleyway Corp. manufactures two styles of leather bowling bag, the Strike and Turkey. Budgeted production levels for October follow Production Strike 2,400 bags Turkey 3,550 bags Two departments, Cutting and Sewing, produce the bowling bags. Direct labor hours needed for each style are as follows: Strike Turkey Cutting 0.100 hour per bag e. 200 hour per bag Sewing 0.350 hour per bag 0.400 hour per bag Hourly direct labor rates are $11 for the Cutting Department and $13 for Sewing Required: Determine Alleyway's budgeted direct labor cost for October (Round your final answers to nearest whole dollar. Do not round your intermediate calculations.) Cutting Sewing Budgeted Direct Labor Cost McFarland Company makes 60 percent of its sales in cash. Credit sales are collected as follows: 60 percent in the month of sale and 40 percent in the month following the sale. McFarland's budgeted sales for upcoming months follow. June July August September $ 23, 100 31,600 29,000 27,000 Required: Compute McFarland's expected cash receipts for August. Budgeted Cash Recipe
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