PATV HACK NETE CALCULATOR Exercise 13-10 Founder Company makes and sells artistic frames for pictures. The controler is responsible for preparing the master budget and has accumulated the following information for 2017. January February March April May Estimated unit sales 10.600 11,400 8.900 8.800 8.300 Sales price per unit $50.20 $48.80 $48.80 $48.80 $48.80 Direct labor hours per unit 23 2.3 1.7 L7 1.7 Wage per direct labor hour $7.00 $7.00 $7.00 $8.00 58.00 Founder has a labor contract that cals for a wage increase to $8.00 per hour on Apr 1. New labor-saving machinery has been installed and will be fuly operational by March 1. Founder expects to begin the year with 15, 160 frames on hand and has a polcy of carrying an end of month inventory of 10% of the following month's sales, plus 40% of the second following month's sales Prepare a production budget for Flounder Company by month and for the first quarter of the year, FLOUNDER COMPANY Production Budget lan Feb Mar Total > VIDEO APPLIED SKILLS LINK TO TEXT LINK TO TEXT LIRA IU TE LINK TO TEXT VIDEO, APPLIED SKILLS Prepare a direct labor budget for Founder Company by month and for the first quarter of the year. The direct labot budget should inchide direct labor hours. (Round Direct labor hours per unit answers to decimal pla e.g. 52.7.) FLOUNDER COMPANY Direct Labor Budget lan Feb Mar Total $ $ $ 5 LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Question Attempts: 0 of 3 used