Gay, in manufacturer model in Direct materias ences of placerad the plastic per un indrets are considered and werden the budgeting proces. Each hours of director an average cost of $10 per hour Manufacturing over located using director hours as the locations The company to prepared fowing budget Co the inte view the budge) Creaty bojesto 100.450.500 und 200 stor the rest four que todos os intemeietor Determine the color it to mare the model arwe Prepare tot el gesto get more powinien wowo Small Determine the cent per hit to manufacture the model impone kete Round you worden we soontum, *x** Total projected manufacturing cout perit Prepare a costo de sold on to the year wall Gwine Cost of For Y Decem Sac F Quarter Our Total Here are Third Fourth Quarter Quarter Total 600 2,200 450 4 4 4 4 Grady, Inc. Direct Materials Budget For the Year Ended December 31 First Second Quarter Quarter Budgeted kits to be produced 650 500 Direct materials (ounces) per kit 4 Direct materials needed for production 2,600 2,000 Plus: Desired direct materials in ending Inventory 200 180 Total direct materials needed 2,800 2,180 850 200 Less: Direct materials in beginning inventory Budgeted purchases of direct materials 1.950 1,980 $ 1 S 1 s Direct materials cost per ounce 1,950 $ 1.980$ Budgeted cost of direct materials purchases 1,800 240 2,400 200 8,800 200 2,040 180 2,600 240 9,000 850 1.860 1$ 2,360 1S 8,150 1 $ 1,860 $ 2,360 $ 8,150 Grady, Inc. Direct Labor Budget For the Year Ended December 31 First Second Quarter Quarter Third Fourth Quarter Quarter Total 500 600 650 0.10 450 0.10 2,200 0.10 0.10 0.10 Budgeted kits to be produced Direct labor hours per unit Direct labor hours needed for production 65.00 50.00 10$ 45.00 10$ 60.00 10$ 220.00 10 $ 10 S Direct labor cost per hour 650 $ A 500 $ 450 $ 2,200 600 $ Budgeted direct labor cost Grady, Inc. Manufacturing Overhead Budget For the Year Ended December 31 First Third Fourth Second Quarter Quarter Quarter Quarter Total Budgeted kits to be produced 650 0.20 $ 500 0.20 $ 450 0.20 $ 600 0.20 $ 2,200 0.20 $ VOH cost per kit 130.00||$ 100,00 120.00 $ Budgeted VOH Budgeted FOH 90.00 $ 165.00 440.00 660.00 165.00 165.00 165.00 295.00 $ 265.00 S 255.00 $ 285.00 1,100.00 Budgeted manufacturing overhead costs 65.00 50.00 45.00 60.00 220.00 Direct labor hours Budgeted manufacturing overhead costs 1,100.00 5.00 $ Predetermined overhead allocation rate Gay, in manufacturer model in Direct materias ences of placerad the plastic per un indrets are considered and werden the budgeting proces. Each hours of director an average cost of $10 per hour Manufacturing over located using director hours as the locations The company to prepared fowing budget Co the inte view the budge) Creaty bojesto 100.450.500 und 200 stor the rest four que todos os intemeietor Determine the color it to mare the model arwe Prepare tot el gesto get more powinien wowo Small Determine the cent per hit to manufacture the model impone kete Round you worden we soontum, *x** Total projected manufacturing cout perit Prepare a costo de sold on to the year wall Gwine Cost of For Y Decem Sac F Quarter Our Total Here are Third Fourth Quarter Quarter Total 600 2,200 450 4 4 4 4 Grady, Inc. Direct Materials Budget For the Year Ended December 31 First Second Quarter Quarter Budgeted kits to be produced 650 500 Direct materials (ounces) per kit 4 Direct materials needed for production 2,600 2,000 Plus: Desired direct materials in ending Inventory 200 180 Total direct materials needed 2,800 2,180 850 200 Less: Direct materials in beginning inventory Budgeted purchases of direct materials 1.950 1,980 $ 1 S 1 s Direct materials cost per ounce 1,950 $ 1.980$ Budgeted cost of direct materials purchases 1,800 240 2,400 200 8,800 200 2,040 180 2,600 240 9,000 850 1.860 1$ 2,360 1S 8,150 1 $ 1,860 $ 2,360 $ 8,150 Grady, Inc. Direct Labor Budget For the Year Ended December 31 First Second Quarter Quarter Third Fourth Quarter Quarter Total 500 600 650 0.10 450 0.10 2,200 0.10 0.10 0.10 Budgeted kits to be produced Direct labor hours per unit Direct labor hours needed for production 65.00 50.00 10$ 45.00 10$ 60.00 10$ 220.00 10 $ 10 S Direct labor cost per hour 650 $ A 500 $ 450 $ 2,200 600 $ Budgeted direct labor cost Grady, Inc. Manufacturing Overhead Budget For the Year Ended December 31 First Third Fourth Second Quarter Quarter Quarter Quarter Total Budgeted kits to be produced 650 0.20 $ 500 0.20 $ 450 0.20 $ 600 0.20 $ 2,200 0.20 $ VOH cost per kit 130.00||$ 100,00 120.00 $ Budgeted VOH Budgeted FOH 90.00 $ 165.00 440.00 660.00 165.00 165.00 165.00 295.00 $ 265.00 S 255.00 $ 285.00 1,100.00 Budgeted manufacturing overhead costs 65.00 50.00 45.00 60.00 220.00 Direct labor hours Budgeted manufacturing overhead costs 1,100.00 5.00 $ Predetermined overhead allocation rate
