Budget, Direct Materials Cost Budget, Direct Manufacturing Labour Cost Budget

Q. Alfredo makes a very popular undyed cloth shoes in one style, but in Flip Flop and Wedge. The Flip Flop shoes have cloth soles and the Wedge shoes have cloth-covered jute soles. The Flip Flop shoes are expected to be sold 2000 pairs@ $120 per pair and the Wedge shoes are expected to be sold 3000 pairs@ $195 per pair. Alfredo is preparing its budget for December 2022 and has estimated sales based on past experience. Other information for the month Of December are as follows: Input Prices Direct materials Cloth Direct manufacturing labour Jute Input Quantities per Unit Of Output (per Pair Of Shoes) Direct materials Jute Cloth Setup-hours per batch Direct manufacturing labour-hours (DMLH) Inventory Information, Direct Materials Beginning inventory Cost of beginning inventory Target ending inventory FIFO cost flow assumption is being used by Alfredo for its finished goods inventory. $5.25 per yard $15 per direct manufacturing labour-hour $7.50 per board foot Flip Flop 1.3 yard 2 hours 5 hours Cloth 610 yards $3,219 386 yards Wedge 2 b.f. 1.5 yard 3 hours 7 hours Jute 800 b.f. $6,060 295 b.f Required: Construct Revenues Budget, Production Budget, Direct Materials Usage Budget, Direct Materials Purchase Budget, Direct Materials Cost Budget, Direct Manufacturing Labour Cost Budget.