Calculate the direct materials purchasing budget (packaging material).
Direct Materials and Direct labour (a) The sneakers are made with special leather and specially treated rubber for the sole. The materials and labour required to make each pair of sneakers are as follows: Type of sneakers Leather Cushion Labour $370 per meter $220 per meter $340 per hour Girls 0.15m 15 minutes Boys 0.4m 0.10m 12 minutes 0.6m The company requires a closing inventory of 10% of raw material required for the following month's material needed. There was no opening stock of raw material. The company plans to have a closing inventory of leather of 6.2m and 13m of cushioning material as at the 30th September. 2 Materials are purchased from a company based in the Cayman Island. This supplier requires that 50% of the purchase total is paid for in cash with the order, and allows one month's credit for the remaining amount (b) In keeping with government requirements, biodegradable cardboard boxes will be used to package the sneakers. Each box will cost $28.50 per box. The company will buy the packaging materials from a Jamaican company for cash each month. (e) To make girls' sneakers, each unit requires 15 minutes of direct labour hours and to make boys' sneakers each unit requires 12 minutes of direct labour hours. The company pays $340 per hour for each direct labour hour. Labour costs are paid in the month incurred. Mit Model July AUR Leathst Gida Esisto de Miten Tatvora crial needed for product September 294 040 120 295 DI 12701 Quarter 98 000 SIR 0.00 1XN laws United Martial Talsuoti needed for a doci 241 040 06 2210 20 96 040 1024 737 040 2943 220 2283 2016 52 Toalety of materials esded for eductie. boys and girl And inventory Tudiest material reeded Subtract: Heining Insemin Dest materialet e parhased Mtibw Cost Per Mete Turchases 10.45 21 SON 56 0 30% TO S1460 25 22 2572121 370 SOS. 144401 370 SOLO 19 370 $310.72600 Aura LG the produced M. Talavera 200 0.15 462 296 015 444 September 294 015 441 9 015 114 Il Monit Tom MO 010 21 2560 00 010 21 221 010 7227 AN 697 203 6X4 27 letadeles Asiakin Tudi ml Subesti matched Muddy.com Turis 25.17 AR 2014 13 21511 0 2214 220 S4208.00 2) PO SA 2571 20 HAIR SE.. Direct Materials and Direct labour (a) The sneakers are made with special leather and specially treated rubber for the sole. The materials and labour required to make each pair of sneakers are as follows: Type of sneakers Leather Cushion Labour $370 per meter $220 per meter $340 per hour Girls 0.15m 15 minutes Boys 0.4m 0.10m 12 minutes 0.6m The company requires a closing inventory of 10% of raw material required for the following month's material needed. There was no opening stock of raw material. The company plans to have a closing inventory of leather of 6.2m and 13m of cushioning material as at the 30th September. 2 Materials are purchased from a company based in the Cayman Island. This supplier requires that 50% of the purchase total is paid for in cash with the order, and allows one month's credit for the remaining amount (b) In keeping with government requirements, biodegradable cardboard boxes will be used to package the sneakers. Each box will cost $28.50 per box. The company will buy the packaging materials from a Jamaican company for cash each month. (e) To make girls' sneakers, each unit requires 15 minutes of direct labour hours and to make boys' sneakers each unit requires 12 minutes of direct labour hours. The company pays $340 per hour for each direct labour hour. Labour costs are paid in the month incurred. Mit Model July AUR Leathst Gida Esisto de Miten Tatvora crial needed for product September 294 040 120 295 DI 12701 Quarter 98 000 SIR 0.00 1XN laws United Martial Talsuoti needed for a doci 241 040 06 2210 20 96 040 1024 737 040 2943 220 2283 2016 52 Toalety of materials esded for eductie. boys and girl And inventory Tudiest material reeded Subtract: Heining Insemin Dest materialet e parhased Mtibw Cost Per Mete Turchases 10.45 21 SON 56 0 30% TO S1460 25 22 2572121 370 SOS. 144401 370 SOLO 19 370 $310.72600 Aura LG the produced M. Talavera 200 0.15 462 296 015 444 September 294 015 441 9 015 114 Il Monit Tom MO 010 21 2560 00 010 21 221 010 7227 AN 697 203 6X4 27 letadeles Asiakin Tudi ml Subesti matched Muddy.com Turis 25.17 AR 2014 13 21511 0 2214 220 S4208.00 2) PO SA 2571 20 HAIR SE
