Grouper Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 404,400 204,600 Unit selling price $21 $27 Production budget: Desired ending finished goods units 27,900 16,900 Beginning finished goods units 34,100 13,400 Direct materials budget: Direct materials per unit (pounds) 1 2 Desired ending direct materials pounds 32,900 18,100 Beginning direct materials pounds 43,900 11,100 Cost per pound $2 $4 Direct labor budget: Direct labor time per unit 0.3 0.6 Direct labor rate per hour $11 $11 Budgeted income statement: Total unit cost $13 $21 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $664,000 for product JB 50 and $364,000 for product JB 60, and administrative expenses of $542,000 for product JB 50 and $344,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30%. Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.7.) GROUPER INC. Direct Labor Budget eTextbook and Media Save for Later JB 50 $ $ $ S JB 60 To Attempts: 0 of 3 used Submit Answer (e) Direct Labor Cost per Hour Total Required Units Units to be Produced Total Cost of Direct Materials Purchases Direct Labor Time per Unit Total Materials Required Total Required Direct Labor Hours Beginning Direct Materials Cost per Pound Required Production Units Direct Materials per Unit Direct Materials Purchases Desired Ending Finished Goods Units Beginning Finished Goods Units Total Direct Labor Cost Expected Unit Sales Total Pounds Needed for Production Desired Ending Direct Materials JB 50 JB 60 To Attempts: 0 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above 4 8.21/15 Attempts: 3 of 3 used me direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, eg. 52.7.) GROUPER INC. Direct Labor Budget For the Quarter Ending December 31, 2017 December 31, 2017 B 60 To < > > > < 1A GA For the Year Ending December 31, 2017 SA (e Direct Labor Cost per Hour Required Production Units Total Required Units Expected Unit Sales Units to be Produced Desired Ending Direct Materials Total Materials Required Direct Materials Purchases Total Pounds Needed for Production Total Required Direct Labor Hours Total Cost of Direct Materials Purchases Beginning Finished Goods Units Desired Ending Finished Goods Units Direct Labor Time per Unit Direct Materials per Unit Total Direct Labor Cost Cost per Pound Beginning Direct Materials +A $ $ The parts of this question must be completed in order. This part will 1A JB 50 $ Total Required Units Direct Labor Time per Unit Beginning Finished Goods Units Desired Ending Finished Goods Units Total Pounds Needed for Production Cost per Pound Expected Unit Sales Direct Materials Purchases Total Required Direct Labor Hours Total Direct Labor Cost Beginning Direct Materials Required Production Units Direct Materials per Unit Total Cost of Direct Materials Purchases Total Materials Required (e Desired Ending Direct Materials Units to be Produced Th Direct Labor Cost per Hour $ SA S Attemp n order. This part will be available when you compl > > > JB 5 $ $ GA n order. This part will be a Direct Labor Time per Unit Cost per Pound Direct Materials per Unit Direct Labor Cost per Hour Required Production Units Beginning Finished Goods Units Desired Ending Finished Goods Units Total Required Units Direct Materials Purchases Beginning Direct Materials Desired Ending Direct Materials Units to be Produced Total Required Direct Labor Hours Expected Unit Sales Total Cost of Direct Materials Purchases Total Direct Labor Cost Total Materials Required Total Pounds Needed for Production (e Th (e Th > < > < $ $ Expected Unit Sales Units to be Produced Total Cost of Direct Materials Purchases Desired Ending Finished Goods Units Total Pounds Needed for Production Direct Labor Time per Unit Required Production Units Direct Materials Purchases Direct Labor Cost per Hour Desired Ending Direct Materials Direct Materials per Unit Total Required Units Cost per Pound Total Materials Required Total Required Direct Labor Hours Beginning Direct Materials Total Direct Labor Cost Beginning Finished Goods Units n order. This part will be available