Question
ForLilyCompany, units to be produced are4,200in quarter 1 and5,880in quarter 2. It takes1.6hours to make a finished unit, and the expected hourly wage rate is
ForLilyCompany, units to be produced are4,200in quarter 1 and5,880in quarter 2. It takes1.6hours to make a finished unit, and the expected hourly wage rate is $16per hour.
Prepare a direct labor budget by quarters for the 6 months ending June 30, 2022.
LILYCOMPANY
Direct Labor Budget
choose the accounting period
June 30, 2022
For the Six Months Ending June 30, 2022
For the Quarter Ending June 30, 2022
Quarter
1
2
Six Months
select an opening labor budget item
Total Materials Required
Desired Ending Inventory
Direct Labor Cost Per Hour
Total Pounds Required for Production
Units to be Produced
Direct Materials Per Unit
Cost Per Pound
Total Required Direct Labor Hours
Direct Materials Purchases
Total Direct Labor Cost
Direct Labor Time (Hours) Per Unit
Total Cost of Direct Materials Purchases
Beginning Materials Inventory
enter a number of units
enter a number of units
select a labor budget item
Units to be Produced
Direct Materials Per Unit
Total Materials Required
Total Cost of Direct Materials Purchases
Total Direct Labor Cost
Direct Labor Time (Hours) Per Unit
Direct Labor Cost Per Hour
Desired Ending Inventory
Total Required Direct Labor Hours
Total Pounds Required for Production
Cost Per Pound
Direct Materials Purchases
Beginning Materials Inventory
enter a number of hours
enter a number of hours
select a summarizing line for the first part
Total Materials Required
Direct Materials Per Unit
Desired Ending Inventory
Cost Per Pound
Direct Materials Purchases
Total Required Direct Labor Hours
Direct Labor Cost Per Hour
Beginning Materials Inventory
Total Pounds Required for Production
Direct Labor Time (Hours) Per Unit
Total Cost of Direct Materials Purchases
Units to be Produced
Total Direct Labor Cost
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 Materials Purchases
Total Pounds Required for Production
Desired Ending Inventory
Cost Per Pound
Beginning Materials Inventory
Total Cost of Direct Materials Purchases
Total Direct Labor Cost
Direct Materials Per Unit
Direct Labor Cost Per Hour
Units to be Produced
Total Required Direct Labor Hours
Direct Labor Time (Hours) Per Unit
Total Materials Required
$
enter a dollar amount
$
enter a dollar amount
select a closing labor budget item
Total Direct Labor Cost
Total Pounds Required for Production
Direct Labor Time (Hours) Per Unit
Cost Per Pound
Beginning Materials Inventory
Desired Ending Inventory
Total Cost of Direct Materials Purchases
Total Required Direct Labor Hours
Direct Labor Cost Per Hour
Units to be Produced
Total Materials Required
Direct Materials Per Unit
Direct Materials Purchases
$
enter a total dollar amount
$
enter a total dollar amount
$
enter a total dollar amount
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