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Problem 10.35A a Choo-Foo Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the
Problem 10.35A a Choo-Foo Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2020: April January February March May Estimated unit sales 11,000 11,000 8,000 8,000 9,000 Sales price per unit $49.00 $46.30 46.30 $46.30 $46.30 Direct labour hours per unit 2.0 2.0 1.5 1.5 1.5 Wage per direct labour hour $8.00 $8.00 $8.00 $9.00 $9.00 . It has installed new labour-saving machinery, which will be fully operational by March 1. Choo-Foo has labour contract that calls for a wage increase to $9.00 per hour on April Choo-Foo expects to begin the year with 18,000 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 50% of the next month's sales. places, e.g. places, e.g. 125.) O-FOO COMPANY Production Budget For the quarter ending March 31, 2020 Feb Total Jan Mar Total CHOO-FOO COMPANY Direct Labour Budget For the quarter ending March 31, 2020 Total Jan Feb Mar Total $
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