Miami Solar manufactures solar panels for industrial use. The company budgets production of $6,000$ units $($solar panels$)$ in July and $6,200$ units in August.

QS $20-9($Algo$)$ Manufacturing: Direct materials budget LO P$1$

Each unit requires $3$ pounds of direct materials, which cost $$6$ per pound. The company's policy is to maintain direct materials inventory equal to $30\%$ of the next month's direct materials requirement. As of June $30,$ the company has $5,400$ pounds of direct materials in inventory. Prepare the direct materials budget for July.

$\backslash$table$[[$MIAMI SOLAR,$],[$Direct Materials Budget,July$],[$Units to produce,$6,000],[$Materials required per unit $($pounds$),],[$Materials needed for production $($pounds$),],[,],[$Total materials required $($pounds$),],[$Materials to purchase $($pounds$),]]$

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Miami Solar manufactures solar panels for industrial use. The company budgets production of $6,000$ units $($solar panels$)$ in July and $6,200$ units in August.

QS $20-10($Algo$)$ Manufacturing: Direct labor budget LO P$1$

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Each unit requires $4$ hours of direct labor at a rate of $$11$ per hour. Prepare a direct labor budget for July.

$\backslash$table$[[$MIAMI SOLAR,$],[$Direct Labor Budget,$],[$Units to produce,July$],[,6,000],[$Direct labor hours needed,$],[,],[$Cost of direct labor,$]]$

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Miami Solar manufactures solar panels for industrial use. The company budgets production of $6,000$ units $($solar panels$)$ in July and $6,200$ units in August.

QS $20-9($Algo$)$ Manufacturing: Direct materials budget LO P$1$

Each unit requires $3$ pounds of direct materials, which cost $$6$ per pound. The company's policy is to maintain direct materials inventory equal to $30\%$ of the next month's direct materials requirement. As of June $30,$ the company has $5,400$ pounds of direct materials in inventory. Prepare the direct materials budget for July.

$\backslash$table$[[$MIAMI SOLAR,$],[$Direct Materials Budget,$],[,$July$],[$Units to produce,$6,000],[$Materials required per unit $($pounds$),3],[$Materials needed for production $($pounds$),],[,],[$Total materials required $($pounds$),],[,],[$Materials to purchase $($pounds$),],[,],[$Cost of direct materials purchases,$]]$