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please give answer Perpetual Clocks is a manufacturer of clocks. It makes two products: . Homeware Clocks - medium wall clocks made from Plastics. Custom

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Perpetual Clocks is a manufacturer of clocks. It makes two products: . Homeware Clocks - medium wall clocks made from Plastics. Custom Clocks - large free-standing clocks made from Tasmanian oak . The budgeted direct cost inputs for each product in 2018 are: Homeware line Custom line 0 Plastic framing 4 square metres 0 10 square metres Tasmanian oak framing Plastic links 8 0 Tasmanian oak links 0 8 6 hours 10 hours Direct manufacturing labour 1 Unit data pertaining to the direct materials for March 2018 are: Actual beginning direct materials inventory (1 March 2018) Homeware line 80 Custom line 0 Plastic framing (square metres) 0 60 Tasmanian oak framing (square metres) Plastic links 200 0 Tasmanian oak links 0 80 Target ending direct materials inventory (31 March 2018) Custom Homeware line 48 line Plastic framing (square metres) 0 0 80 Tasmanian oak framing (square metres) 160 Plastic links 0 88 Tasmanian oak links 0 Unit cost data for direct cost inputs pertaining to February 2018 and March 2018 are: March (budgeted) February (actual) $ for March 2018 is $85 000. Both variable and fixed manufacturing overhead costs are allocated to each unit of finished goods. Data relating to finished goods inventory for March 2018 are: Homeware line 40 Custom line 10 Beginning inventory in units Beginning inventory in dollars (cost) $20 960 $9 700 Target ending inventory in units 60 30 Budgeted sales for March 2018 are 1,480 units of the Homeware line and 780 units of the Custom line. The budgeted selling prices per unit in March 2018 are $2,040 for the Homeware-line clock and $3,200 for the Custom-line desk. Assume the following in your answer: . Work-in-process inventories are negligible and ignored. Direct materials inventory and finished goods inventory are costed using the FIFO method. Unit costs of direct materials purchased and finished goods are constant in March 2018. Unit cost data for direct cost inputs pertaining to February 2018 and March 2018 are: February (actual) $ 288 March (budgeted) $ 320 Plastic framing (per square metre) 230 250 Tasmanian oak framing (per square metre) Plastic links (per link) 22 24 Tasmanian oak links (per link) 34 36 60 60 Manufacturing labour cost per hour Manufacturing overhead (both variable and fixed) is allocated to each clock on the basis of budgeted direct manufacturing labour-hours per clock. The budgeted variable manufacturing overhead rate for March 2018 is $ 70 per direct manufacturing labour-hour. The budgeted fixed manufacturing overhead line 40 line Beginning inventory in units 10 Beginning inventory in dollars (cost) $20 960 $9 700 Target ending inventory in units 60 30 Budgeted sales for March 2018 are 1,480 units of the Homeware line and 780 units of the Custom line The budgeted selling prices per unit in March 2018 are $2,040 for the Homeware-line clock and $3,20 for the Custom-line desk. Assume the following in your answer: Work-in-process inventories are negligible and ignored. Direct materials inventory and finished goods inventory are costed using the FIFO method. Unit costs of direct materials purchased and finished goods are constant in March 2018. Required a. C. 1. Prepare the following budgets for March 2018: revenues budget b. production budget in units direct materials usage budget d. direct materials purchases budget direct manufacturing labour budget f. manufacturing overhead budget 8. ending inventories budget (direct materials and finished goods) h. cost of goods sold budget. Perpetual Clocks is a manufacturer of clocks. It makes two products: . Homeware Clocks - medium wall clocks made from Plastics. Custom Clocks - large free-standing clocks made from Tasmanian oak . The budgeted direct cost inputs for each product in 2018 are: Homeware line Custom line 0 Plastic framing 4 square metres 0 10 square metres Tasmanian oak framing Plastic links 8 0 Tasmanian oak links 0 8 6 hours 10 hours Direct manufacturing labour 1 Unit data pertaining to the direct materials for March 2018 are: Actual beginning direct materials inventory (1 March 2018) Homeware line 80 Custom line 0 Plastic framing (square metres) 0 60 Tasmanian oak framing (square metres) Plastic links 200 0 Tasmanian oak links 0 80 Target ending direct materials inventory (31 March 2018) Custom Homeware line 48 line Plastic framing (square metres) 0 0 80 Tasmanian oak framing (square metres) 160 Plastic links 0 88 Tasmanian oak links 0 Unit cost data for direct cost inputs pertaining to February 2018 and March 2018 are: March (budgeted) February (actual) $ for March 2018 is $85 000. Both variable and fixed manufacturing overhead costs are allocated to each unit of finished goods. Data relating to finished goods inventory for March 2018 are: Homeware line 40 Custom line 10 Beginning inventory in units Beginning inventory in dollars (cost) $20 960 $9 700 Target ending inventory in units 60 30 Budgeted sales for March 2018 are 1,480 units of the Homeware line and 780 units of the Custom line. The budgeted selling prices per unit in March 2018 are $2,040 for the Homeware-line clock and $3,200 for the Custom-line desk. Assume the following in your answer: . Work-in-process inventories are negligible and ignored. Direct materials inventory and finished goods inventory are costed using the FIFO method. Unit costs of direct materials purchased and finished goods are constant in March 2018. Unit cost data for direct cost inputs pertaining to February 2018 and March 2018 are: February (actual) $ 288 March (budgeted) $ 320 Plastic framing (per square metre) 230 250 Tasmanian oak framing (per square metre) Plastic links (per link) 22 24 Tasmanian oak links (per link) 34 36 60 60 Manufacturing labour cost per hour Manufacturing overhead (both variable and fixed) is allocated to each clock on the basis of budgeted direct manufacturing labour-hours per clock. The budgeted variable manufacturing overhead rate for March 2018 is $ 70 per direct manufacturing labour-hour. The budgeted fixed manufacturing overhead line 40 line Beginning inventory in units 10 Beginning inventory in dollars (cost) $20 960 $9 700 Target ending inventory in units 60 30 Budgeted sales for March 2018 are 1,480 units of the Homeware line and 780 units of the Custom line The budgeted selling prices per unit in March 2018 are $2,040 for the Homeware-line clock and $3,20 for the Custom-line desk. Assume the following in your answer: Work-in-process inventories are negligible and ignored. Direct materials inventory and finished goods inventory are costed using the FIFO method. Unit costs of direct materials purchased and finished goods are constant in March 2018. Required a. C. 1. Prepare the following budgets for March 2018: revenues budget b. production budget in units direct materials usage budget d. direct materials purchases budget direct manufacturing labour budget f. manufacturing overhead budget 8. ending inventories budget (direct materials and finished goods) h. cost of goods sold budget

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