Question
Foster company makes power tools. The sales budget for drills for the first four months for the year is : months January, February, March, April
Foster company makes power tools. The sales budget for drills for the first four months for the year is :
months January, February, March, April
Unit sales 20,000, 15,000 , 22,000, 25,000
Foster has taken a just in time approach to production and wants only 5% of the next month's sales needs in ending inventory.January 1st inventory of drills was zero.Each drills takes 15 minutes of direct labor at $18 per hour. The factory overhead formula is $27,00 + $1.20 per direct labor hour. Questions: (1). budgetted production for january (2). budgetted production for february, (3). budgetted production for the first quarter of the year, (4). budgetted direct labor cost for january (5). budgetted direct labor cost for february (6). budgetted variable overhead for march (7). budgetted total overhead for march Please help and show steps also. email cbrownell1222@gmail.com Thanks
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