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HELP WITH B PLEASE!! Ivanhoe Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has Ivanhoe

HELP WITH B PLEASE!! Ivanhoe Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has Ivanhoe Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has
accumulated the following information for 2020.
Ivanhoe has a labor contract that calls for a wage increase to $9 per hour on April 1. New labor-saving machinery has been installed
and will be fully operational by March 1.
Ivanhoe expects to begin the year with 14,880 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the
following month's sales, plus 40% of the second following month's sales.
Your answer is correct.
Prepare a production budget for Ivanhoe Company by month and for the first quarter of the year.
Prepare a direct labor budget for Ivanhoe Company by month and for the first quarter of the year. The direct labor budget should
include direct labor hours. (Round Direct labor hours per unit answers to 1 decimal place, eg.52.7.)
IVANHOE COMPANY
Direct Labor Budget
accumulated the following information for 2020.
Ivanhoe has a labor contract that calls for a wage increase to $9 per hour on April 1. New labor-saving machinery has been installed
and will be fully operational by March 1.
Ivanhoe expects to begin the year with 14,880 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the
following month's sales, plus 40% of the second following month's sales.
(a)
Your answer is correct.
Prepare a production budget for Ivanhoe Company by month and for the first quarter of the year.
IVANHOE COMPANY
Production Budget
For the Quarter Ending March 31,2020
Expected Unit Sales
(b)
Prepare a direct labor budget for Ivanhoe Company by month and for the first quarter of the year. The direct labor budget should
include direct labor hours. (Round Direct labor hours per unit answers to 1 decimal place, eg.52.7.)
Your answer is correct.
Prepare a production budget for Ivanhoe Company by month and for the first quarter of the year.
(b)
Prepare a direct labor budget for Ivanhoe Company by month and for the first quarter of the year. The direct labor budget should
include direct labor hours. (Round Direct labor hours per unit answers to 1 decimal place, eg.52.7.)
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