labor budget & labels thank you

Bookmarks People Tab Window Help Do Homework - Ryan Simpson om/Student/PlayerHomework.aspx?homeworkld=560300618&questionld=1&flushed=false&cld=5854184¢erwin lanagerial Accounting Spring 2020 8:30 Ryan Simpson & | 02 work: Chapter 22 Extra Credit Opportunity of 1 pt 1 of 1 (0 complete) HW Sco B (similar to) Ques y Batting Company manuf i Data Table - X h and young teens, ned for high school and co The youth bat sells ells for $85. Haney's high all season. Haney's ber 31, 2018, and other d the icon to view the balan Raw Materials Inventory 11,200 requirements. Finished Goods Inventory 17,720 Total Current Assets $ 97, 120 ment 1. Prepare Haney's sa Property, Plant, and Equipment: Haney Batt Equipment 120,000 Sales Less: Accumulated Depreciation (20,000) 100,000 For the Quarter E Total Assets $ 197,120 Y Liabilities Current Liabilities: ted bats to be sold Accounts Payable $ 16,500 price per unit Stockholders' Equity sales Common Stock, no par 50,000 Retained Earnings 130,620 Total Stockholders' Equity 180,620 Total Liabilities and Stockholders' Equity $ 197,120 any number in the edit fields parts Print Done emaining Check Answer 27,32/ 26 4tory Bookmarks People Tab Window Help 100% Do Homework - Ryan Simpson hxl.com/Student/PlayerHomework.aspx?homeworkld=560300618&questionld=1&flushed=false&cld=5854184¢erwin=yes 22 Managerial Accounting Spring 2020 8:30 Ryan Simpson & | 02/26/20 11:49 PM nework: Chapter 22 Extra Credit Opportunity Save 0 of 1 pt 1 of 1 (0 complete) HW Score: 0%, 0 of 1 17B (similar to) Question Help ney Batting Company manuf i Data Table - X and young teens, and an adult signed for high school and co The youth bat sells for $50; the at sells for $85. Haney's high all season. Haney's balance sheet ember 31, 2018, and other d lick the icon to view the balan Haney Batting Company he requirements Balance Sheet December 31, 2018 rement 1. Prepare Haney's sa Assets Haney Batt Current Assets: Sales Cash $ 45,000 For the Quarter E Accounts Receivable 23,200 Yo Raw Materials Inventory 11,200 Finished Goods Inventory 17,720 eted bats to be sold Total Current Assets $ 97,120 price per unit Property, Plant, and Equipment: sales Equipment 120,000 Less: Accumulated Depreciation (20,000) 100,000 Total Assets 197,120 Liabilities Current Liabilities; any number in the edit fields ? Print Done maining Check Answer 27,324 26dit View History Bookmarks People Tab Window Help $ 83% Th Do Homework - Ryan Simpson its mathxl.com/Student/PlayerHomework.aspx?homeworkld=560300618&questionld=1&flushed=false&cld=5854184¢erwin=yes Secure BUS 222 Managerial Accounting Spring 2020 8:30 Ryan Simpson & | 02/27/20 10:52 PM Homework: Chapter 22 Extra Credit Opportunity Save Score: 0.38 of 1 pt 1 of 1 (1 complete ) HW Score: 38.39%, 0.38 of 1 pt x P22-47B (similar to) Question Help The Haney Batting Company manufactures wood baseball bats. Haney's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college-aged players. Haney sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $50; the adult bat sells for $85. Haney's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Haney's balance sheet or December 31, 2018, and other data for the first quarter of 2019 follow: (Click the icon to view the balance sheet.) i (Click the icon to view the other data.) Read the requirements. Prepare the direct labor budget. (Enter any hours per unit amounts to two decimal places, X.XX.) Review the production budget you prepared above Haney Batting Company Direct Labor Budget For the Quarter Ended March 31, 2019 Youth Adult Bats Bats Total Direct labor hours needed for production Budgeted direct labor cost Choose from any list or enter any number in the input fields and then click Check Answer. ? parts remaining Clear All Check Answer 27,34 FEB 27 P w 20 F3 F4 F5 DI F6 DD F7 FO S &View History Bookmarks People Tab Window Help 83% .. . Do Homework - Ryan Simpson mathxl.com/Student/PlayerHomework.aspx?homeworkld=560300618&questionld=1&flushed=false&cld=5854184¢erwin=yes Cure BUS 222 Managerial Accounting Spring 2020 8:30 Ryan Simpson & | 02/27/20 10:52 PM Homework: Chapter 22 Extra Credit Opportunity Sav Score: 0.38 of 1 pt 1 of 1 (1 complete) HW Score: 38.39%, 0.38 of 1 x P22-47B (similar to) Question Help The Haney Batting Company manufactures wood baseball bats. Haney's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college-aged players. Haney sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $50; the adult bat sells for $85. Haney's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Haney's balance sheet for December 31, 2018, and other data for the first quarter of 2019 follow: (Click the icon to view the balance sheet.) i (Click the icon to view the other data.) Read the requirements. Prepare the direct labor budget. (Enter any hours per unit amounts to two decimal places, X.XX.) Review the production budget you prepared above. Haney Batting Company Direct Labor Budget For the Quarter Ended March 31, 2019 Youth Adult Bats Bats Total Direct labor hours needed for production Direct labor cost per hour Direct labor hours per unit in the input fields and then click Check Answer. parts remaining Clear All Check Answer 27,347 FEB 27 20 F3 DI F5 DDPeople Tab Window Help Do Homework - Ryan Simpson PlayerHomework.aspx?homeworkld=560300618&questionid=1&flushed=false&cld=5854184¢erwi ccounting Spring 2020 8:30 Ryan Simpson & | 02 Chapter 22 Extra Credit Opportunity 1 of 1 (0 complete) HW Sc ar to) QU mpany manufa n and young teen school and col i More Info X The youth bat sel Haney's highe pall season. Haney 8, and other da view the baland a. Budgeted sales are 2,000 youth bats and 3,600 adult bats. its b. Finished Goods Inventory on December 31, 2018, consists of 600 youth bats at $20 each and 520 adult bats at $11 each. pare Haney's sal c. Desired ending Finished Goods Inventory is 550 youth bats and 450 adult bats; FIFO inventory costing method is used. Haney Batti d. Direct materials requirements are 42 ounces of wood per youth bat and 60 Sales ounces of wood per adult bat. The cost of wood is $0.40 per ounce. or the Quarter En e. Raw Materials Inventory on December 31, 2018, consists of 28,000 ounces of wood at $0.40 per ounce. Yo f . Desired ending Raw Materials Inventory is 20,000 ounces (indirect materials B: are insignificant and not considered for budgeting purposes). g. Each bat requires 0.5 hours of direct labor; direct labor costs average $30 per o be sold hour . unit Variable manufacturing overhead is $0.80 per bat. 1. Fixed manufacturing overhead includes $700 per quarter in depreciation and $14,096 per quarter for other costs, such as insurance and property taxes. j. Fixed selling and administrative expenses include $7,000 per quarter for salaries; $3,000 per quarter for rent; $1,700 per quarter for insurance; and $100 per quarter for depreciation. k. Variable selling and administrative expenses include supplies at 5% of sales. mber in the edit fields Print Done Clear All Check Answer 27,324 26