Play - Disc makes Frisbee - type plastic discs. Each 1 2 - inch diameter plastic disc
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Question:
PlayDisc makes Frisbeetype plastic discs. Each inch diameter plastic disc has the following manufacturing costs:
Direct materials $
Direct labor
Variable overhead
Fixed overhead
Total unit cost $
For the coming year, PlayDisc expects to make plastic discs, and to sell of them. Budgeted beginning inventory in units is with unit cost of $There are no beginning or ending inventories of work in process.
Required:
Question Content Area
Calculate the total budgeted cost of units produced for PlayDisc for the coming year. Show the cost of direct materials, direct labor, and overhead.
Budgeted direct materials $fill in the blank cffdfffc
Budgeted direct labor fill in the blank cffdfffc
Budgeted overhead fill in the blank cffdfffc
Total budgeted manufacturing cost $fill in the blank cffdfffc
Question Content Area
Prepare a cost of goods sold budget for PlayDisc for the year.
PlayDisc
Cost of Goods Sold Budget
For the Year
$ Select
Select
Select
Total manufacturing cost $fill in the blank beefcfa
Select
Select
Cost of goods sold $fill in the blank beefcfa
Question Content Area
What if the beginning inventory of finished goods was $for units How would that affect the cost of goods sold budget? Assume PlayDisc uses the FIFO method.
The cost of goods sold would
to $fill in the blank efb
Calculate the total budgeted cost of units produced for PlayDisc for the coming year. Show the cost of direct materials, direct labor, and overhead.
Prepare a cost of goods sold budget for PlayDisc for the year.
PlayDisc
Cost of Goods Sold Budget
For the Year
What if the beginning inventory of finished goods was $for units How would that affect the cost of goods sold budget? Assume PlayDisc uses the FIFO
nethod.
the cost of goods sold would
to $
Expert Answer:
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