Ch22 Q12 D E

For Direct Labor Budget the last box in red is asking for the Total

Belcond preparing its annual budgets for the year endine December 31, 2020 Accounting assistants tumish the data shown below Product JBSO Product 860 402.500 $23 202,500 $28 30,000 33,500 16,000 13,800 sales budget Anticipated volume in units Unit selling ptice Production budget Desired ending finished goods units Beginning finished goods units Direct materials budget Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound Direct laborbudget: Direct labor time per unit Direct labor rate per hour Budgeted income statement: Total unit cost 1 32.700 43,300 $3 3 18,900 14,200 $4 0.3 $12 0.6 $12 $12 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of 5661.000 for product 8 50 and $363.000 for product JB 60 and administrative expenses al 5545,000 for product 38.50 and $343,000 for product B 60 Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30% Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, eg. 525.) DELEON INC. Direct Labor Budget For the Year Ending December 31, 2020 JB 50 JB 60 Units to be produced Direct Labor Time (Hours) per Unit > Total Required Direct Labor Hours Direct Labor Cost per Hour