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Please help with explanations Two-Leg Company Two-Leg Company manufactures slacks and jeans under a variety of brand names, such as Dockers@ and 501 Jeans@. Slacks
Please help with explanations Two-Leg Company
Two-Leg Company manufactures slacks and jeans under a variety of brand names, such as Dockers@ and 501 Jeans@. Slacks and jeans are assembled by a variety of different sewing operations. Assume that the sales budget for Dockers and 501 Jeans shows estimated sales of 15,430 and 26,810 pairs, respectively, for May. The finished goods inventory is assumed as follows: May 1 estimated inventory May 31 desired inventory Dockers 690 260 501 Jeans 760 950 Assume the following direct labor data per 10 pairs of Dockers and 501 Jeans for four different sewing operations: Direct Labor per 10 Pairs Inseam Outerseam Pockets Zipper Total Dockers 23 minutes 13 72 minutes 501 Jeans 16 minutes 19 54 minutes a. Prepare a production budget for May. Prepare the budget in two columns: Dockers@ and 501 Jeans@. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Two-Leg Company Production Budget For Month Ending May 31 (assumed data) Dockers 501 Jeans Expected units to be sold Total units available Total units to be produced b. Prepare the May direct labor cost budget for the four sewing operations, assuming a $13 wage per hour for the inseam and outerseam sewing operations and a $16 wage per hour for the pocket and zipper sewing operations. Prepare the direct labor cost budget in four columns: inseam, outerseam, pockets, and zipper. Two-Leg Company Direct Labor Cost Budget For Month Ending May 31 (assumed data) Inseam Total Dockers 501 Jeans Total minutes Total direct labor hours Direct labor rate Total direct labor cost Outerseam Pockets sc:z Zipper
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