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: a. Estimated sales for July by sales territory Maine: Backyard Chef 310 units at 5700 per unit Master Cher 150 units at $1,200 per unit Vermont. Backyard Chet 240 units at 5750 per unit Master Chef 110 units at $1,300 per unit New Hampshire Backyard Chel 360 units at $750 per unit Master Chet 100 units at 51.400 per unit Estimated inventones at 290 unit 1,500 170 Direct materials Grates Stainless steel Burner subassemblies Shelves Finished products Backyard Chef Master Cher 340 units 10 units De c. Desired Inventories at July 31: Direct materials: Grates 340 units Stainless steel 1,800 lbs. 155 units 315 units Burner subassemblies Shelves Finished products: Backyard Chef Master Chef d. Direct materials used in production: In manufacture of Backyard Chef: 40 units 22 units Grates 3 units per unit of product Stainless steel Burner subassemblies 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 6 units per unit of product Stainless steel 42 lbs. per unit of product Stainless steel Burner subassemblies 42 lbs. per unit of product 4 units per unit of product 5 units per unit of product Shelves $15 per unit $6 per lb. e. Anticipated purchase price for direct materials: Grates Stainless steel Burner subassemblies Shelves 1. Direct labor requirements: Backyard Chef: $110 per unit $10 per unit 0.50 hr. at $17 Stamping Department per hr 0.60 hr. at $15 Forming Department per hr. Assembly Department 1.00 hr. at $14 per hr. Master Chef: Stamping Department 0.60 hr, at $17 per hr Forming Department 0.80 hr. at $15 per hr Assembly Department 1.50 hrs. at 514 Required: 1. Prepare a sales budget for July Gourmet Grill Company Sales Budget For the Month Ending July 31 Unit Sales Volume Product and Area Unit Selling Price Total Sales Backyard Chef: Maine Vermont New Hampshire Total Master Chef Marve Vermont New Hampshire Total Toti revenue from sales 2. Prepare a production bost for July. For those boxes in which you must enter subtracted or negative number te minus Gourmet Grill Company Check My Work 2 ore Check My Worm Previous All work saved Submit Assignment fa 2. Prepare a production budget for July. For those boxes in which you must enter subtracted or negative numbers use a minus sign Gourmet Grill Company Production Budget For the Month Ending July 31 Units Backyard Chef Master Chef 3. Prepare a direct materials purchases budget for July. For those boxes in which you must enter subtracted or negative numbers une amission Gourmet Grill Company Direct Materials Purchases udget For the Month Ending July 31 Grates (units) Stainless Steel (ts) Burner Sub assemblies (units) Shelves (units) Total Required units for production Backyard Chel 3. Prepare a direct materials purchases budget for July. For those boxes in which you must enter subtracted or negative numbers use a minus sign Gourmet Grill Company Direct Materials Purchases Budget For the Month Ending July 31 Stainless Steel Grates (units) (lbs) Burner Sub- assemblies (units) Shelves (units) Total Required units for productions Backyard Chet Master Chef Desired inventary, July 31 Total Estimated Inventory, July 1 Total units to be purchased Unit price Total direct materials to be purchased 4. Prepare a tutet for July Gourmet Grill Company Direct Labor Cost Budget For the Month Ending July 31 Stamping Forming Department Department Assembly Department Total Ce My Work on Checa My Wong Previous Next All worked Save and Submit Assignment for Grading 4. Prepare a direct labor cost budget for July Gourmet Grill Company Direct Labor Cost Budget For the Month Ending July 31 Stamping Department Forming Department Assembly Department Total Hours required for production Backyard Chef Master Chel Total Hourly rate Total direct labor cost
