Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budgets The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data from the various administrative units every month. Selected information concerning sales and production for July is summarized as follows: Estimated sales for July by sales territory: Maine: Backyard Chef Master Chef Vermont: 310 units at $700 per unit 150 units at $1,200 per unit Backyard Chef Master Chef New Hampshire: Backyard Chef Master Chef b. Estimated inventories at July 1: Direct materials: Grates Stainless steel 240 units at $750 per unit 110 units at $1,300 per unit 360 units at $750 per unit 180 units at $1,400 per unit 290 units 1,500 the Direct materials: Grates Stainless steel Burner subassemblies Shelves 290 units 1,500 lbs. 170 units 340 units Finished products: Backyard Chef Master Chef c. Desired inventories at July 31: 30 units 32 units Direct materials: < Grates Stainless steel Burner subassemblies Shelves Finished products: Backyard Chef Master Chef d. Direct materials used in production: In manufacture of Backyard Chef: Grates 340 units 1,800 lbs. 155 units 315 units 40 units 22 units 3 units per unit of product d. Direct materials used in production: In manufacture of Backyard Chef: Grates Stainless steel Burner subassemblies 3 units per unit of product 24 lbs. per unit of product 2 units per unit of product 4 units per unit of product Shelves In manufacture of Master Chef: < Grates Stainless steel Burner subassemblies Shelves 6 units per unit of product 42 lbs. per unit of product 4 units per unit of product 5 units per unit of product e. Anticipated purchase price for direct materials: Grates Stainless steel Burner subassemblies Shelves $15 per unit $6 per lb. $110 per unit $10 per unit 90 per 10 Burner subassemblies $110 per unit Shelves $10 per unit f. Direct labor requirements: Backyard Chef: Stamping Department Forming Department Assembly Department Master Chef: Stamping Department Forming Department 0.50 hr. at $17 per hr. 0.60 hr. at $15 per hr. 1.00 hr. at $14 per hr. 0.60 hr. at $17 per hr. 0.80 hr. at $15 per hr. Assembly Department Required: 1. Prepare a sales budget for July. Gourmet Grill Company 1.50 hrs. at $14 per hr. 1. Prepare a sales budget for July. Gourmet Grill Company Sales Budget For the Month Ending July 31 Product and Area Backyard Chef: Maine Vermont New Hampshire Total Master Chef: Maine Vermont New Hampshire Total Total revenue from sales Unit Sales Unit Selling Total Sales Volume Price 2. Prepare a production budget for Julv. For those boxes in which you must enter subtracted or negative numbers use a pany Production Budget For the Month Ending July 31 Units Master Chef Backyard Chef 3. Prepare a direct materials purchases budget for July. For those boxes in which you must enter subtracted or nega Gourmet Grill Company Direct Materials Purchases Budget For the Month Ending July 31 Required units for production: Grates (units) Stainless Steel (lbs.) Burner Sub- assemblies (units) eBook Required units for production: Backyard Chef Master Chef Desired inventory, July 31 Total Estimated inventory, July 1 Total units to be purchased Unit price Total direct materials to be purchased 4. Prepare a direct labor cost budget for July. Gourmet Grill Company Hours required for production: Backyard Chef Master Chef Total Hourly rate Check My Work Direct Labor Cost Budget For the Month Ending July 31 Assembly Total Stamping Forming Department Department Department < All work saved. Email Instructor Save and Exit Submit Assigne