Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I NEED HELP ASAP!!! CengageNOWv2 | Online teachin X B 5-2 Milestone Three: Project Wor X Homework Help - Q&A from On x + X

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

I NEED HELP ASAP!!!

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
CengageNOWv2 | Online teachin X B 5-2 Milestone Three: Project Wor X Homework Help - Q&A from On x + X -> C A @ https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=f... G . . Problem Set: Module 5 eBook ? 1. PR.08.02B Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budgets The budget director of Royal Furniture Company requests estimates of sales, production, and other operating data from the various administrative units every month. Selected 2. BE.09.01.EXCEL.ALGO information concerning sales and production for February is summarized as follows: 3. TMM.08.01 a. Estimated sales of King and Prince chairs for February by sales territory: Northern Domestic: 4. BE.09.02.EXCEL.ALGO King 610 units at $780 per unit 5. TMM.09.02 Prince 750 units at $550 per unit Southern Domestic: King 340 units at $780 per unit Prince 440 units at $550 per unit International: King 360 units at $850 per unit Prince 290 units at $600 per unit b. Estimated inventories at February 1: Direct materials: Fabric 420 sq. yds. Wood 580 linear ft. Filler 250 cu. ft. Springs 660 units Finished products: King 90 units Prince 75 linits Check My Work Next > Progress: 1/5 items Assignment Score: 86.44% All work saved. Email Instructor Save and Exit Submit Assignment for Grading 10:39 PM Type here to search O W E 6/6/2021CengageNOWv2 | Online teachin X B 5-2 Milestone Three: Project Wor X Homework Help - Q&A from On x + X -> C A @ https://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=f... G . . Problem Set: Module 5 eBook Finished products: ? 1. PR.08.02B King 90 units 2. BE.09.01.EXCEL.ALGO Prince 25 units esired inventories at February 28: 3. TMM.08.01 Direct materials: 4. BE.09.02.EXCEL.ALGO Fabric 390 sq. yds. Wood 650 linear ft. 5. TMM.09.02 Filler 300 cu. ft. Springs 540 units Finished products: King 80 units Prince 35 units d. Direct materials used in production: In manufacture of King: Fabric 6.0 sq. yds. per unit of product Wood 38 linear ft. per unit of product Filler 4.2 cu. ft. per unit of product Springs 16 units per unit of product In manufacture of Prince: Fabric 4.0 sq. yds. per unit of product Wood 26 linear ft. per unit of product Filler 3.4 cu. ft. per unit of product Check My Work Next > Progress: 1/5 items Assignment Score: 86.44% All work saved. Email Instructor Save and Exit Submit Assignment for Grading 10:39 PM Type here to search O W 6/6/2021 ECengageNOWv2 | Online teachin X B 5-2 Milestone Three: Project Wor X Homework Help - Q&A from On x + X -> C A @ https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=f... G . . Problem Set: Module 5 eBook Filler 3.4 cu. ft. per unit of product ? 1. PR.08.02B Springs 12 units per unit of product 2. BE.09.01.EXCEL.ALGO e. Anticipated purchase price for direct materials: 3. TMM.08.01 Fabric $12.00 per sq. yd. Wood 7.00 per linear ft. 4. BE.09.02.EXCEL.ALGO Filler $3.00 per cu. ft. Springs 4.50 per unit 5. TMM.09.02 f. Direct labor requirements: King: Framing Department 1.2 hrs. at $12 per hr. Cutting Department 0.5 hr. at $14 per hr. Upholstery Department 0.8 hr. at $15 per hr. Prince: Framing Department 1.0 hr. at $12 per hr. Cutting Department 0.4 hr. at $14 per hr. Upholstery Department 0.6 hr. at $15 per hr. Required: 1. Prepare a sales budget for February. Royal Furniture Company Sales Budget Progress: 1/5 items Check My Work Next > Assignment Score: 86.44% All work saved. Email Instructor Save and Exit Submit Assignment for Grading Type here to search O W 10:40 PM ADG 6/6/2021 ECengageNOWv2 | Online teachin X B 5-2 Milestone Three: Project Wor X Homework Help - Q&A from On x + X -> C A @ https://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=f... G . . Problem Set: Module 5 eBook Required: ? 1. PR.08.02B 1. Prepare a sales budget for February. 2. BE.09.01.EXCEL.ALGO Royal Furniture Company 3. TMM.08.01 Sales Budget For the Month Ending February 28 4. BE.09.02.EXCEL.ALGO Unit Sales Unit Selling Product and Area Total Sales 5. TMM.09.02 Volume Price King: Northern Domestic 610 780 $ 475,800 Southern Domestic 340 780 265,200 International 360 850 306,000 Total 1,310 $ 1,047,000 Prince: Northern Domestic 750 $ 550 $ 412,500 Southern Domestic 440 550 242,000 International 290 600 174,000 Total 1,480 828,500 V Total revenue from sales $ 1,875,500 Progress: 1/5 items Check My Work Next > Assignment Score: 86.44% All work saved. Email Instructor Save and Exit Submit Assignment for Grading Type here to search O W 10:40 PM ADA 6/6/2021 ECengageNOWv2 | Online teachin X B 5-2 Milestone Three: Project Wor X Homework Help - Q&A from On x + X -> C A @ https://v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=f.. G . . Problem Set: Module 5 eBook ? 1. PR.08.02B 2. Prepare a production budget for February. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 2. BE.09.01.EXCEL.ALGO Royal Furniture Company 3. TMM.08.01 Production Budget For the Month Ending February 28 4. BE.09.02.EXCEL.ALGO Units 5. TMM.09.02 King Prince Expected units to be sold v Desired inventory, February 28 v Total units available v Estimated inventory, February 1 v Total units to be produced v 3. Prepare a direct materials purchases budget for February. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Royal Furniture Company Direct Materials Purchases Budget For the Month Ending February 28 Direct Materials Fabric Wood Filler Springs Total (sq. yds.) (linear ft.) (cu. ft.) units) Progress: 1/5 items Check My Work Next > Assignment Score: 86.44% All work saved. Email Instructor Save and Exit Submit Assignment for Grading Type here to search O w 10:40 PM 6/6/2021 ECengageNOWv2 | Online teachin X B 5-2 Milestone Three: Project Wor X Homework Help - Q&A from On x + X -> C A @ https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=f. G . . Problem Set: Module 5 eBook ? 1. PR.08.02B 3. Prepare a direct materials purchases budget for February. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 2. BE.09.01.EXCEL.ALGO Royal Furniture Company 3. TMM.08.01 Direct Materials Purchases Budget For the Month Ending February 28 4. BE.09.02.EXCEL.ALGO Direct Materials 5. TMM.09.02 Fabric Wood Filler Springs Total (sq. yds.) (linear ft.) (cu. ft.) (units) Required units for production: King Prince Desired inventory, February 28 Total Estimated inventory, February 1 Total units to be purchased Unit price to to to to Total direct materials to be purchased to 4. Prepare a direct labor cost budget for February. Royal Furniture Company Progress: 1/5 items Check My Work Next > Assignment Score: 86.44% All work saved. Email Instructor Save and Exit Submit Assignment for Grading 10:40 PM Type here to search O w 6/6/2021 ECengageNOWv2 | Online teachin X B 5-2 Milestone Three: Project Wor X Homework Help - Q&A from On x + X -> C A & https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=f. G . . Problem Set: Module 5 eBook Total ? 1. PR.08.02B Estimated inventory, February 1 2. BE.09.01.EXCEL.ALGO Total units to be purchased Unit price 3. TMM.08.01 Total direct materials to be purchased to TA to to 4. BE.09.02.EXCEL.ALGO 5. TMM.09.02 4. Prepare a direct labor cost budget for February. Royal Furniture Company Direct Labor Cost Budget For the Month Ending February 28 Framing Cutting Upholstery Total Department Department Department Hours required for production: King Prince Total Hourly rate TA Total direct labor cost to to TA Feedback Progress: 1/5 items Check My Work Next > Assignment Score: 86.44% All work saved. Email Instructor Save and Exit Submit Assignment for Grading O 10:40 PM Type here to search 6/6/2021 E

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1-27

Authors: James A. Heintz, Robert W. Parry

23rd edition

1337794759, 978-1337794756

More Books

Students also viewed these Accounting questions

Question

Self-confidence

Answered: 1 week ago

Question

The number of people commenting on the statement

Answered: 1 week ago