please see the attachments below.
Sales, Production Direct Materials Purchases, and Direct Labor Cont Budgets The budget director of Gourmet Grill Company requests estimates of sales production, and other operating data from the various editoriative units every month. Selected information concerning sales and production for Marchis summarized as folows: 2. Estimated sales for March by sales territory Maine Backyard Cher 350 unts at 5800 per un Master Chef 200 units at $1.400 per Vermont Backyard Chef 400 units at 3025 per unit Master Cher 240 units at $1,500 per unit New Hampshire Backyard Cher 320 unts 1850 per unit Master Chet 200 unts 31.000 per unit Estimated inventories at March Direct materials 320 units Gratis 1.700 Stainless steel Bumer subassemblies Shelves 190 units 350 units Finished products: Backyard Chef 30 units Master Chef 36 units c. Desired inventories at March 31: Direct materials: Grates 300 units Stainless steel 1,500 lb. Burner subassemblies 210 units Shelves 400 units Finished products: Backyard Chef 40 units Master Chef 26 units d. Direct materials used in production: In manufacture of Backyard Chef: Grates 3 units per unit of product Stainless steel 24 lb. per unit of product Burner subassemblies 2 units per unit of product Shelves 4 units per unit of product In manufacture of Master Chef: In manufacture of Master Chef: Grates 6 units per unit of product Stainless steel Burner subassemblies 42 lb. per unit of product 4 units per unit of product 5 units per unit of product Shelves e. Anticipated purchase price for direct materials: Grates Stainless steel $16 per unit $8 per Ib. $120 per unit $12 per unit Burner subassemblies Shelves f. Direct labor requirements: Backyard Chef: Stamping Department 0.50 hr. at $18 per hr. Forming Department 0.60 hr. at $16 per hr. Assembly Department 1.00 hr. at $15 per hr. Master Chef: Stamping Department 0.60 hr. at $18 per hr. Forming Department 0.80 hr. at $16 per hr. Assembly Department 1.50 hrs. at $15 per hr. 1. Prepare a sales budget for March. Gourmet Grill Company Sales Budget For the Month Ending March 31 Unit Sales Unit Selling Product and Area Volume Price Total Sales Backyard Chef: Maine Vermont New Hampshire Total Master Chef: Maine Vermont New Hampshire Total Total revenue from sales 2. Prepare a production budget for March Gourmet Grill Company Production Budget For the Month Ending March 31 Units Backyard Chef Master Chef Expected units to be sold Plus desired inventory, March 31 Total units required Less estimated inventory, March 1 Total units to be produced 3. Prepare a direct materials purchases budget for March Gourmet Grill Company Direct Materials Purchases Budget For the Month Ending March 31 Burner Sub- Stainless Steel assemblies (ib.) Grates Shelves (units) (units) Total Gourmet Grill Company Direct Materials Purchases Budget For the Month Ending March 31 Burner Sub- Grates Stainless Steel assemblies (units) (units) Shelves (units) Total Required units for production Backyard Chef Master Chef Plus desired inventory, March 31 Total units required Less estimated Inventory, March : Total units to be purchased Unit price Total direct materials to be purchased 4. Prepare a direct labor cost budget for March. Gourmet Grill Company Direct Labor Cost Budget For the Month Ending March 31 Stamping Forming Department Department Hours required for production: Assembly Department Total Backyard Chef Master Chef Total hours required Hourly rate Total direct labor cost
