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Production and Direct Labor Cost Budgets Two-Leg Company manufactures slacks and jeans under a variety of brand names, such as Dockers and 5 Jol Jeans

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Production and Direct Labor Cost Budgets Two-Leg Company manufactures slacks and jeans under a variety of brand names, such as Dockers and 5 Jol Jeans . Slacks and feans are assembled by a . variety of different sewing operations. Assume that the sales budget for Dockers and 501 Jeans shows estimated sales of 33,960 and 71,500 pairs, respectively, for May. The finished goods inventory is assumed as follows: Assume the followi girect labor data per 10 pairs of Dockers and so1 Jeans for four different sewing operations: a. Prepare a production budget for May Prepare the budget in two columns: Dockers 6 and 501 jeans 5. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Toheck:My Work Remember to take into account expected units to be sold, desired units in ending inventory and estimated units in beginning inventory when calculating total units i produced Learning Objective 4 b. Prepare the May direct labor cost budget for the four sewing operations, assuming a $10 wage per hour for the inseam and outerseam sewing opera and a $15 wage per hour for the pocket and zlpper sewing operations. Prepare the direct labor cost budget in four columns: inseam, outerseam, pocket 7 Creck My Work Remember to take into account expected units to be sold, desired units in ending inventory and estimated units in beginning inventory when calculasng total units produced. Learning Objective 4 b. Prepare the May direct labor cost budget for the four sewing operations, assuming a 510 wage per hour for the inseam and outerseam sewing operi and a $15 wage ppr hour for the pocket and zipper sewing operations. Prepare the direct labor cost budget in four columns: inseam, outerseam, pocke Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 25 , 800 barrels of oil for purchase in June for $61 per barrel. Direct labor budgeted in the chemical process was $188,900 for June. Factory overhead was budgeted at $283,300 during June. The inventories on June 1 were estimated to be: The desired inventories on June 30 were: For the Month Ending June 30 Finished goods inventory, June 1 Work in process inventory, June 1 Direct materials: Cost of finished goods avallable for sale.. Finished goods inventory, Ju cost of goods sold v

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