Hello could someone please walk me thru this problem

Sales, Production, Direct Materials Purchases, andDirect Labor Cost Budgets

Thebudgetdirector of Gourmet Grill Company requests estimates of sales, production, and other operating data from the various administrative units every month. Selected information concerning sales and production for July is summarized as follows:

a. Estimated sales for July by sales territory:

Maine:Backyard Chef 310 units at $700 per unit Master Chef 150 units at $1,200 per unit Vermont:Backyard Chef 240 units at $750 per unit Master Chef 110 units at $1,300 per unit New Hampshire:Backyard Chef 360 units at $750 per unit Master Chef 180 units at $1,400 per unit

b. Estimated inventories at July 1:

Direct materials: Grates 290 units Stainless steel1,500 lbs.Burner sub assemblies 170 units Shelves 340 units Finished products:Backyard Chef 30 units Master Chef 32 units

c. Desired inventories at July 31:

Direct materials: Grates 340 units Stainless steel1,800 lbs.Burner sub assemblies 155 units Shelves 315 units Finished products:Backyard Chef 40 units Master Chef 22 units

d. Direct materials used in production:

In manufacture of Backyard Chef:Grates 3 units per unit of product Stainless steel 24 lbs. per unit of product Burner sub assemblies 2 units per unit of product Shelves 4 units per unit of productIn manufacture of Master Chef: Grates 6 units per unit of product Stainless steel 42 lbs. per unit of product Burner sub assemblies 4 units per unit of product Shelves 5 units per unit of product

e. Anticipated purchase price for direct materials:

Grates$15 per unit Stainless steel$6 per lb.Burner sub assemblies $110 per unit Shelves$10 per unit

f. Direct labor requirements:

Backyard Chef:Stamping Department 0.50 hr. at $17 per hr.Forming Department 0.60 hr. at $15 per hr.Assembly Department 1.00 hr. at $14 per hr.Master Chef:Stamping Department 0.60 hr. at $17 per hr.Forming Department 0.80 hr. at $15 per hr.Assembly Department 1.50 hrs. at $14 per hr.

Required:

1.Prepare asales budgetfor July.

Gourmet Grill Company

Sales Budget

For the Month Ending July 31 Product and Area Unit Sales

Volume Unit Selling

Price Total Sales Backyard Chef:Maine$$VermontNew HampshireTotal$Master Chef:Maine$$VermontNew HampshireTotal$Total revenue from sales$

2.Prepareaproduction budgetfor July. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Gourmet Grill Company

Production Budget

For the Month Ending July 31UnitsBackyard Chef Master Chef Expected units to be sold

Desired inventory, July 31

Total units available

Estimated inventory, July 1

Total units to be produced

3.Prepare adirect materials purchases budgetfor July. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Gourmet Grill Company

Direct Materials Purchases Budget

For the Month Ending July 31Grates

(units)Stainless Steel

(lbs.)Burner Sub-

assemblies

(units)Shelves

(units)Total Required units for production:Backyard ChefMaster ChefDesired inventory, July 31TotalEstimated inventory, July 1T otal units to be purchasedUnit price$$$$Total direct materials to be purchased$$$$$

4.Prepare adirect labor cost budgetfor July.

Gourmet Grill Company

Direct Labor Cost Budget

For the Month Ending July 31Stamping

DepartmentForming DepartmentAssembly Department Total Hours required for production:Backyard ChefMaster ChefTotalHourly rate

$$$Total direct labor cost$$$$