Chapter 8 Question 5

Unless otherwise Indlcated, round all calculated amounts to the nearest dollar or unit. 1. Prepare the following monthly budgets for Greiner Company for the first quarter of the coming year. a. Production budget in units: b. Direct labor budget in hours: Round your answers to two decimal places, If required. c. Direct materlals cost budget: d. Sales budget: Round unit selling price amounts to the nearest cent and use the same for subsequent requirements. 2. Calculate the total budgeted contribution margin for Greiner Company by month and in total for the first quarter of the coming year. (CMA adapted)