Question
For Sunland Company, units to be produced are 4,700 in quarter 1 and 6,580 in quarter 2. It takes 1.6 hours to make a finished
For Sunland Company, units to be produced are 4,700 in quarter 1 and 6,580 in quarter 2. It takes 1.6 hours to make a finished unit, and the expected hourly wage rate is $16 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2022.
| SUNLAND COMPANY Direct Labor Budget choose the accounting period For the Quarter Ending June 30, 2022June 30, 2022For the Six Months Ending June 30, 2022 | |||||||
|---|---|---|---|---|---|---|---|
| Quarter | |||||||
| 1 | 2 | Six Months | |||||
| select an opening labor budget item Total Pounds Required for ProductionDirect Labor Cost Per HourTotal Cost of Direct Materials PurchasesDirect Materials PurchasesBeginning Materials InventoryTotal Required Direct Labor HoursDirect Materials Per UnitUnits to be ProducedTotal Materials RequiredTotal Direct Labor CostDesired Ending InventoryDirect Labor Time (Hours) Per UnitCost Per Pound | enter a number of units | enter a number of units | |||||
| select a labor budget item Total Direct Labor CostDirect Materials Per UnitUnits to be ProducedTotal Required Direct Labor HoursTotal Materials RequiredTotal Cost of Direct Materials PurchasesTotal Pounds Required for ProductionDirect Labor Time (Hours) Per UnitDesired Ending InventoryDirect Labor Cost Per HourDirect Materials PurchasesCost Per PoundBeginning Materials Inventory | enter a number of hours rounded to 1 decimal place | enter a number of hours rounded to 1 decimal place | |||||
| select a summarizing line for the first part Direct Labor Cost Per HourDirect Materials Per UnitTotal Direct Labor CostTotal Cost of Direct Materials PurchasesDesired Ending InventoryDirect Labor Time (Hours) Per UnitDirect Materials PurchasesTotal Materials RequiredTotal Pounds Required for ProductionCost Per PoundUnits to be ProducedBeginning Materials InventoryTotal Required Direct Labor Hours | enter a total number of hours for the first part | enter a total number of hours for the first part | |||||
| select a labor budget item Direct Labor Time (Hours) Per UnitDirect Labor Cost Per HourDirect Materials PurchasesTotal Cost of Direct Materials PurchasesUnits to be ProducedTotal Required Direct Labor HoursBeginning Materials InventoryTotal Direct Labor CostTotal Materials RequiredTotal Pounds Required for ProductionDesired Ending InventoryDirect Materials Per UnitCost Per Pound | $enter a dollar amount | $enter a dollar amount | |||||
| select a closing labor budget item Direct Materials Per UnitTotal Cost of Direct Materials PurchasesDesired Ending InventoryCost Per PoundDirect Materials PurchasesDirect Labor Cost Per HourTotal Materials RequiredUnits to be ProducedTotal Pounds Required for ProductionDirect Labor Time (Hours) Per UnitTotal Direct Labor CostTotal Required Direct Labor HoursBeginning Materials Inventory | $enter a total dollar amount | $enter a total dollar amount | $enter a total dollar amount | ||||
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
978-1259536359
