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Sales, Production, Direct Materials Purchases, and Direct Labor Cost BudgetsThe budget director of Gourmet Grill Company requests estimates of sales, production, and other operating data

Sales, Production, Direct Materials Purchases, and Direct Labor Cost BudgetsThe 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 March is summarized as follows:a. Estimated sales for March by sales territory:Maine: Backyard Chef350 units at $800 per unit Master Chef200 units at $1,400 per unitVermont: Backyard Chef400 units at $825 per unit Master Chef240 units at $1,500 per unitNew Hampshire: Backyard Chef320 units at $850 per unit Master Chef200 units at $1,600 per unitb. Estimated inventories at March 1:Direct materials: Grates320 units Stainless steel 1,700 lb. Burner subassemblies190 units Shelves350 unitsFinished products: Backyard Chef30 units Master Chef36 unitsc. Desired inventories at March 31:Direct materials: Grates300 units Stainless steel 1,500 lb. Burner subassemblies210 units Shelves400 unitsFinished products: Backyard Chef40 units Master Chef26 unitsd. Direct materials used in production:In manufacture of Backyard Chef: Grates3 units per unit of product Stainless steel24 lb. per unit of product Burner subassemblies2 units per unit of product Shelves4 units per unit of productIn manufacture of Master Chef: Grates6 units per unit of product Stainless steel42 lb. per unit of product Burner subassemblies4 units per unit of product Shelves5 units per unit of producte. Anticipated purchase price for direct materials:Grates$16 per unitStainless steel $8 per lb. Burner subassemblies$120 per unitShelves$12 per unitf. Direct labor requirements:Backyard Chef: Stamping Department0.50 hr. at $18 per hr. Forming Department0.60 hr. at $16 per hr. Assembly Department1.0 hr. at $15 per hr.Master Chef: Stamping Department0.60 hr. at $18 per hr. Forming Department0.80 hr. at $16 per hr. Assembly Department1.50 hrs. at $15 per hr.Required:1. Prepare a sales budget for March.Gourmet Grill CompanySales BudgetFor the Month Ending March 31Product and AreaUnit SalesVolumeUnit SellingPriceTotal SalesBackyard Chef: Mainefill in the blank 1fill in the blank 2fill in the blank 3 Vermontfill in the blank 4fill in the blank 5fill in the blank 6 New Hampshirefill in the blank 7fill in the blank 8fill in the blank 9 Totalfill in the blank 10 fill in the blank 11 Master Chef: Mainefill in the blank 12fill in the blank 13fill in the blank 14 Vermontfill in the blank 15fill in the blank 16fill in the blank 17 New Hampshirefill in the blank 18fill in the blank 19fill in the blank 20 Totalfill in the blank 21 fill in the blank 22Total revenue from sales fill in the blank 232. Prepare a production budget for March.Gourmet Grill CompanyProduction BudgetFor the Month Ending March 31 Units Backyard ChefMaster ChefExpected units to be soldfill in the blank 24fill in the blank 25Plus desired inventory, March 31fill in the blank 26fill in the blank 27 Totalfill in the blank 28fill in the blank 29Less estimated inventory, March 1fill in the blank 30fill in the blank 31Total units to be producedfill in the blank 32fill in the blank 333. Prepare a direct materials purchases budget for March.Gourmet Grill CompanyDirect Materials Purchases BudgetFor the Month Ending March 31 Grates(units)Stainless Steel(lb.)Burner Sub-assemblies(units)Shelves(units)TotalRequired units for production: Backyard Cheffill in the blank 34fill in the blank 35fill in the blank 36fill in the blank 37 Master Cheffill in the blank 38fill in the blank 39fill in the blank 40fill in the blank 41 Plus desired inventory, March 31fill in the blank 42fill in the blank 43fill in the blank 44fill in the blank 45 Totalfill in the blank 46fill in the blank 47fill in the blank 48fill in the blank 49 Less estimated inventory, March 1fill in the blank 50fill in the blank 51fill in the blank 52fill in the blank 53Total units to be purchasedfill in the blank 54fill in the blank 55fill in the blank 56fill in the blank 57 Unit pricefill in the blank 58fill in the blank 59fill in the blank 60fill in the blank 61 Total direct materials to be purchasedfill in the blank 62fill in the blank 63fill in the blank 64fill in the blank 65fill in the blank 664. Prepare a direct labor cost budget for March.Gourmet Grill CompanyDirect Labor Cost BudgetFor the Month Ending March 31 StampingDepartment Forming Department Assembly DepartmentTotalHours required for production: Backyard Chef fill in the blank 67 fill in the blank 68 fill in the blank 69 Master Chef fill in the blank 70 fill in the blank 71 fill in the blank 72 Total fill in the blank 73 fill in the blank 74 fill in the blank 75 Hourly rate $fill in the blank 76 $fill in the blank 77 $fill in the blank 78 Total direct labor cost $fill in the blank 79 $fill in the blank 80 $fill in the blank 81$fill in the blank 82Check My WorkPrepare a sales budget for March.
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