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Please Help with these 2 questions not sure how to Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products, Limited of Australla has budgeted sales
Please Help with these 2 questions not sure how to
Exercise 8-2 (Algo) Production Budget [LO8-3] Down Under Products, Limited of Australla has budgeted sales of its popular boomerang for the next four months as follows: The company is now in the process of preparing a production budget for the second quarter. Past experlence has shown that end-ofmonth inventory levels must equal 15% of the following month's unit sales. The Inventory at the end of March was 11,400 units. Required: Prepare a production budget by month and in total, for the second quarter. Exercise 8-4 (Algo) Direct Labor Budget [LO8-5] The production manager of Rordan Corporation has submitted the following quarterly production forecast for the upcoming fiscal year: Each unit requires 0.25 direct labor-hours, and direct laborers are paid $16.00 per hour. Required: 1. Prepare the company's direct labor budget for the upcoming fiscal year. (Round "Direct labor time per unit (hours)" answers to 2 decimal places.)Step by Step Solution
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