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eBook Printem Con OT Mal Tra You 22 3 Co Production and Direct Labor Cost Budgets Levi Strauss & Co. manufactures slacks and jeans under
eBook Printem Con OT Mal Tra You 22 3 Co Production and Direct Labor Cost Budgets Levi Strauss & Co. manufactures slacks and jeans under a variety of brand names, such as Dockers" and 501 Jeans Slacks and jeans are assembled by a variety of different sewing operations. Assume that the sales budget for Dockers and 501 leans shows estimated sales of 23,600 and 53,100 pairs, respectively, for May. The finished goods inventory is assumed as follows: May 1 estimated inventory Dockers 501 Jeans 670 420 1,660 1,860 May 31 desired inventory Assume the foliowing direct labor data per 10 pairs of Dockers and 501 Jeans for four different sewing operations Direct Labor per 10 Pairs Dockers 501 Jeans Inseam 18 minutes 9 minutes Outersem 20 14 Pockets 6 9 Zipper 12 Total 56 minutes a. Prepare a production budget for May Levi Strauss and Co. Production Budget May (assumed data) 38 minutes Expected units to be sold Plus May 31 desired inventory Total units required Less May I estimated inventory Check My Work Dockers 501 Jeans Save and Ext Subme Assignment for Grading Book Print hem Remember to take into account expected units to be sold, desired units in ending inventory and estimated units in beginning inventory when calculating units to be produced b. Prepare the May direct labor cost budget for the four sewing operations, assuming a $13 wage per hour for the inseam and outersem sewing operator and a $15 wage per hour for the pocket and zipper sewing sperations Levi Strauss and Co. Direct Labor Cost Budget May (assumed data) Inseam Outerseam Hours required for production: Dockers 06 501 Jeans Total minutes Convert minutes to hours Hourly rate: 07 08 11 14 15 Total direct labor cost Pockets Zipper Total Remember to take into account hours required for production, hourly rate and hours per unit when calculating director .21 Check My Work 15/17 items All work sared Previou Next Save and Ext Submit Angman for Grading
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