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 $41,000$

November $90,000$

December $60,000$

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 c$83$c$3002$a$02601$e$\_1$

fill in the blank c$83$c$3002$a$02601$e$\_2$

fill in the blank c$83$c$3002$a$02601$e$\_3$

fill in the blank c$83$c$3002$a$02601$e$\_4$

DM per unit $($yd$.)$ fill in the blank c$83$c$3002$a$02601$e$\_5$

fill in the blank c$83$c$3002$a$02601$e$\_6$

fill in the blank c$83$c$3002$a$02601$e$\_7$

fill in the blank c$83$c$3002$a$02601$e$\_8$

Production needs fill in the blank c$83$c$3002$a$02601$e$\_9$

fill in the blank c$83$c$3002$a$02601$e$\_10$

fill in the blank c$83$c$3002$a$02601$e$\_11$

fill in the blank c$83$c$3002$a$02601$e$\_12$

Desired ending inventory $($yd$.)$ fill in the blank c$83$c$3002$a$02601$e$\_13$

fill in the blank c$83$c$3002$a$02601$e$\_14$

fill in the blank c$83$c$3002$a$02601$e$\_15$

fill in the blank c$83$c$3002$a$02601$e$\_16$

Total needed fill in the blank c$83$c$3002$a$02601$e$\_17$

fill in the blank c$83$c$3002$a$02601$e$\_18$

fill in the blank c$83$c$3002$a$02601$e$\_19$

fill in the blank c$83$c$3002$a$02601$e$\_20$

Less: Beginning inventory fill in the blank c$83$c$3002$a$02601$e$\_21$

fill in the blank c$83$c$3002$a$02601$e$\_22$

fill in the blank c$83$c$3002$a$02601$e$\_23$

fill in the blank c$83$c$3002$a$02601$e$\_24$

DM to be purchased $($yd$.)$ fill in the blank c$83$c$3002$a$02601$e$\_25$

fill in the blank c$83$c$3002$a$02601$e$\_26$

fill in the blank c$83$c$3002$a$02601$e$\_27$

fill in the blank c$83$c$3002$a$02601$e$\_28$

Cost per yard $fill in the blank c$83$c$3002$a$02601$e$\_29$

$fill in the blank c$83$c$3002$a$02601$e$\_30$

$fill in the blank c$83$c$3002$a$02601$e$\_31$

$fill in the blank c$83$c$3002$a$02601$e$\_32$

Total purchase cost $fill in the blank c$83$c$3002$a$02601$e$\_33$

$fill in the blank c$83$c$3002$a$02601$e$\_34$

$fill in the blank c$83$c$3002$a$02601$e$\_35$

$fill in the blank c$83$c$3002$a$02601$e$\_36$

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 $75270$bf$89$ff$607$c$\_1$

fill in the blank $75270$bf$89$ff$607$c$\_2$

fill in the blank $75270$bf$89$ff$607$c$\_3$

fill in the blank $75270$bf$89$ff$607$c$\_4$

DM per unit $($oz$.)$ fill in the blank $75270$bf$89$ff$607$c$\_5$

fill in the blank $75270$bf$89$ff$607$c$\_6$

fill in the blank $75270$bf$89$ff$607$c$\_7$

fill in the blank $75270$bf$89$ff$607$c$\_8$

Production needs fill in the blank $75270$bf$89$ff$607$c$\_9$

fill in the blank $75270$bf$89$ff$607$c$\_10$

fill in the blank $75270$bf$89$ff$607$c$\_11$

fill in the blank $75270$bf$89$ff$607$c$\_12$

Desired ending inventory $($oz$.)$ fill in the blank $75270$bf$89$ff$607$c$\_13$

fill in the blank $75270$bf$89$ff$607$c$\_14$

fill in the blank $75270$bf$89$ff$607$c$\_15$

fill in the blank $75270$bf$89$ff$607$c$\_16$

Total needed fill in the blank $75270$bf$89$ff$607$c$\_17$

fill in the blank $75270$bf$89$ff$607$c$\_18$

fill in the blank $75270$bf$89$ff$607$c$\_19$

fill in the blank $75270$bf$89$ff$607$c$\_20$

Less: Beginning inventory fill in the blank $75270$bf$89$ff$607$c$\_21$

fill in the blank $75270$bf$89$ff$607$c$\_22$

fill in the blank $75270$bf$89$ff$607$c$\_23$

fill in the blank $75270$bf$89$ff$607$c$\_24$

DM to be purchased $($oz$.)$ fill in the blank $75270$bf$89$ff$607$c$\_25$

fill in the blank $75270$bf$89$ff$607$c$\_26$

fill in the blank $75270$bf$89$ff$607$c$\_27$

fill in the blank $75270$bf$89$ff$607$c$\_28$

Cost per ounce $fill in the blank $75270$bf$89$ff$607$c$\_29$

$fill in the blank $75270$bf$89$ff$607$c$\_30$

$fill in the blank $75270$bf$89$ff$607$c$\_31$

$fill in the blank $75270$bf$89$ff$607$c$\_32$

Total purchase cost $fill in the blank $75270$bf$89$ff$607$c$\_33$

$fill in the blank $75270$bf$89$ff$607$c$\_34$

$fill in the blank $75270$bf$89$ff$607$c$\_35$

$fill in the blank $75270$bf$89$ff$607$c$\_36$

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 month