Direct Materials Purchases Budget: Direct Labor Budget

Macchu Company produces stuffed toy animals; one of these is $$Andie the Llama.$$ Each Andie takes $0\mathrm{.}20$ yard of fabric $($white with irregular black splotches$)$ and $10$ ounces of polyfiberfill. Fabric costs $$3\mathrm{.}40$ per yard and polyfiberfill is $$0\mathrm{.}05$ per ounce. Macchu has budgeted production of Andies for the next four months as follows:

Units

October $44,000$

November $90,000$

December $50,000$

January $40,000$

Inventory policy requires that sufficient fabric be in ending monthly inventory to satisfy $20$ percent of the following month's production needs and sufficient polyfiberfill be in inventory to satisfy $15$ percent of the following month's production needs. Inventory of fabric and polyfiberfill at the beginning of October equals exactly the amount needed to satisfy the inventory policy.

Each Andie produced requires $($on average$)0\mathrm{.}10$ direct labor hour. The average cost of direct labor is $$16$ per hour.

Required:

Question Content Area

$1.$ Prepare a direct materials purchases budget of fabric for the last quarter of the year showing purchases in units and in dollars for each month and for the quarter in total. Round your answers to the nearest cent, if required.

Macchu Company

Direct Materials Purchases Budget for Fabric

For the Fourth Quarter

October November December Total

Units produced fill in the blank de$87$b$807$c$02$b$038\_1$

fill in the blank de$87$b$807$c$02$b$038\_2$

fill in the blank de$87$b$807$c$02$b$038\_3$

fill in the blank de$87$b$807$c$02$b$038\_4$

DM per unit $($yd$.)$ fill in the blank de$87$b$807$c$02$b$038\_5$

fill in the blank de$87$b$807$c$02$b$038\_6$

fill in the blank de$87$b$807$c$02$b$038\_7$

fill in the blank de$87$b$807$c$02$b$038\_8$

Production needs fill in the blank de$87$b$807$c$02$b$038\_9$

fill in the blank de$87$b$807$c$02$b$038\_10$

fill in the blank de$87$b$807$c$02$b$038\_11$

fill in the blank de$87$b$807$c$02$b$038\_12$

Desired ending inventory $($yd$.)$ fill in the blank de$87$b$807$c$02$b$038\_13$

fill in the blank de$87$b$807$c$02$b$038\_14$

fill in the blank de$87$b$807$c$02$b$038\_15$

fill in the blank de$87$b$807$c$02$b$038\_16$

Total needed fill in the blank de$87$b$807$c$02$b$038\_17$

fill in the blank de$87$b$807$c$02$b$038\_18$

fill in the blank de$87$b$807$c$02$b$038\_19$

fill in the blank de$87$b$807$c$02$b$038\_20$

Less: Beginning inventory fill in the blank de$87$b$807$c$02$b$038\_21$

fill in the blank de$87$b$807$c$02$b$038\_22$

fill in the blank de$87$b$807$c$02$b$038\_23$

fill in the blank de$87$b$807$c$02$b$038\_24$

DM to be purchased $($yd$.)$ fill in the blank de$87$b$807$c$02$b$038\_25$

fill in the blank de$87$b$807$c$02$b$038\_26$

fill in the blank de$87$b$807$c$02$b$038\_27$

fill in the blank de$87$b$807$c$02$b$038\_28$

Cost per yard $fill in the blank de$87$b$807$c$02$b$038\_29$

$fill in the blank de$87$b$807$c$02$b$038\_30$

$fill in the blank de$87$b$807$c$02$b$038\_31$

$fill in the blank de$87$b$807$c$02$b$038\_32$

Total purchase cost $fill in the blank de$87$b$807$c$02$b$038\_33$

$fill in the blank de$87$b$807$c$02$b$038\_34$

$fill in the blank de$87$b$807$c$02$b$038\_35$

$fill in the blank de$87$b$807$c$02$b$038\_36$

Question Content Area

$2.$ Prepare a direct materials purchases budget of polyfiberfill for the last quarter of the year showing purchases in units and in dollars for each month and for the quarter in total. Round your answers to the nearest cent, if required.

Macchu Company

Direct Materials Purchases Budget for Polyfiberfill

For the Fourth Quarter

October November December Total

Units produced fill in the blank aa$6$d$0$dfe$7078052\_1$

fill in the blank aa$6$d$0$dfe$7078052\_2$

fill in the blank aa$6$d$0$dfe$7078052\_3$

fill in the blank aa$6$d$0$dfe$7078052\_4$

DM per unit $($oz$.)$ fill in the blank aa$6$d$0$dfe$7078052\_5$

fill in the blank aa$6$d$0$dfe$7078052\_6$

fill in the blank aa$6$d$0$dfe$7078052\_7$

fill in the blank aa$6$d$0$dfe$7078052\_8$

Production needs fill in the blank aa$6$d$0$dfe$7078052\_9$

fill in the blank aa$6$d$0$dfe$7078052\_10$

fill in the blank aa$6$d$0$dfe$7078052\_11$

fill in the blank aa$6$d$0$dfe$7078052\_12$

Desired ending inventory $($oz$.)$ fill in the blank aa$6$d$0$dfe$7078052\_13$

fill in the blank aa$6$d$0$dfe$7078052\_14$

fill in the blank aa$6$d$0$dfe$7078052\_15$

fill in the blank aa$6$d$0$dfe$7078052\_16$

Total needed fill in the blank aa$6$d$0$dfe$7078052\_17$

fill in the blank aa$6$d$0$dfe$7078052\_18$

fill in the blank aa$6$d$0$dfe$7078052\_19$

fill in the blank aa$6$d$0$dfe$7078052\_20$

Less: Beginning inventory fill in the blank aa$6$d$0$dfe$7078052\_21$

fill in the blank aa$6$d$0$dfe$7078052\_22$

fill in the blank aa$6$d$0$dfe$7078052\_23$

fill in the blank aa$6$d$0$dfe$7078052\_24$

DM to be purchased $($oz$.)$ fill in the blank aa$6$d$0$dfe$7078052\_25$

fill in the blank aa$6$d$0$dfe$7078052\_26$

fill in the blank aa$6$d$0$dfe$7078052\_27$

fill in the blank aa$6$d$0$dfe$7078052\_28$

Cost per ounce $fill in the blank aa$6$d$0$dfe$7078052\_29$

$fill in the blank aa$6$d$0$dfe$7078052\_30$

$fill in the blank aa$6$d$0$dfe$7078052\_31$

$fill in the blank aa$6$d$0$dfe$7078052\_32$

Total purchase cost $fill in the blank aa$6$d$0$dfe$7078052\_33$

$fill in the blank aa$6$d$0$dfe$7078052\_34$

$fill in the blank aa$6$d$0$dfe$7078052\_35$

$fill in the blank aa$6$d$0$dfe$7078052\_36$

Question Content Area

$3.$ Prepare a direct labor budget for the last quarter of the year showing the hours needed and the direct labor cost for each monthvMacchu Company

Direct Materials Purchases Budget for Polyfiberfill

For the Fourth Quarter

Prepar