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Please answer A B and C Firelight Corporation manulactures and sells two types of decorative lamps Knox and Ayer It expects to manufacture 26.0000 Knox
Please answer A B and C
Firelight Corporation manulactures and sells two types of decorative lamps Knox and Ayer It expects to manufacture 26.0000 Knox lamps and 14.000 Ayer lamps in 2017 The following data are available for the year 2017 m(Clck the icon to view the information y (Cick the icon to view the December 31 2017 production budget in units ) Calculate (a) the direct materials usage budget in quantity and dollars (label it Schedule 3A) (b) the direct materials purchase budget in quantity and dolars (label it Schedule 38) and (c) the direct manufacturing labor costs budget (Gabel it Schedule 4) for the year ending December 31 2017 (a). Begin by calculating the direct materials usage budget in quantity and then in dollars abel R Schedule 3A) for the year ending December 31, 2017 Schedule 3A: Direct Material Usege Budget in Quantity and Dollars for the Year Ending December 31, 2017 Material Fabric Total Metal Physical Units Budget 26 000 yards 28.000 vards Ibs Direct materials required for Knox lamps- bs Direct materials required for Aver lamps ever Tetal quantity oft direct malerials to be used HW Score: r to) ufactures an are available the informa - X Data Table x lamps aterials usag direct manu Direct materials get in qu Metal 2 per pound (same as in 2016) Fabric 3 per yard (same as in 2016) e direct ma Decemb S 13 per hour Direct manufacturing labor ale 3A: Dire for Content of Each Product Unit Product Knox Ayer 2 pounds 3 pounds Metal 1 yard 2 yards ar Knox lam Fabric 0.3 hours 0 25 hours Direct manufacturing labor r Ayer lam erials to be Direct Materials Fabric Metal 8,000 yards 11.000 pounds Beginning inventory 6.000 yards 9.000 pounds Target ending inventory lit fields a Done Print Schedule 2: Production Budget (in Units) for the Year Ending December 31, 2017 Ayer Knox Budgeted units sales 26,700 14,000 2,100 1,100 Add target ending finished goods inventory Total required units 28,800 15,100 2.800 1.100 Deduct beginning finished goods inventory 26,000 14.000 Units of finished goods to be produced Print Done Step by Step Solution
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