Sales, production, Girect materials purchases, and direct labor cost bodgets The bugget director of Gourmet Grill Company requests estimates of sales, producton, and other operating data from the various administrative units every month. Selected information conceming sales and production for July is summarized as follows: a. Estimated sales tor luly by sales terrtory: Maine: Backyard Chef 310 units at $700 per unit Master Chef 150 units at $1,200 per unit Vermont: Backyard Cher 240 units at $750 per unit Master Chet 110 units at \$1, 300 per unit New Hampshire: Bsckyard Chef 360 units at $750 per unit Master Chef 180 units at 51,400 per unit b. Estimated inventories at July 1 Direct materials: Grates 290 unita Stainless steel 1,500 ibs. Bumer subassembles 170 units shelves 340 units Finished products: Backyard Chef 30 units Master Chef 32 units C. Desired inventories at July 31 t Direct materials: Grates 340 units -5tainless steel 1,600 16s. c. Desired inventories at July 31 : Direct materials: Grates 340 units Stainless steel 1,800lbs. Burner subassemblies 155 units Shelves 315 units Finished products: Backyard Chef 40 units Master Chef 22 units d. Direct materials used in production: In manufacture of Backyard Chef: Grates 3 units per unit of product Stainless steel 24 lbs: per unit of product Burner subassemblies 2 units per unit of product Shelves 4 units per unit of product In manufacture of Master Chef: Grates 6 units per unit of product Stainless steel 42 los. per unit of product Burner subassemblies 4 units per unit of product Shelves 5 units per unit of product e. Anticipated purchase price for direct materials: Grates $15 per unit Stainless steel $6 per lb. Bumer subassemblies $110 per unit Shelves $10 per unit f. Direct labor requirements: Backyard Chef: Stamping Department 0.50hr. at $17 per hr. Formina Deoartment 0.60hr at $15 per hr. f. Direct labor requirements: Backyard Chef: Stamping Department 0.50hr at $17 per hr. Farming Department 0.60hr, at $15 per hr Assembly Department 1.00 hr, at $14 per hr. Master Chef: Stamping Department 0.60 hr, at 517 per hr. Forming Department 0.80hr at $15 per he Assembly Department 1.50 hrs. at 514 per he Required: 1. Prepare a sales budobet foe July. Total revenue trom sales Sales, production, Girect materials purchases, and direct labor cost bodgets The bugget director of Gourmet Grill Company requests estimates of sales, producton, and other operating data from the various administrative units every month. Selected information conceming sales and production for July is summarized as follows: a. Estimated sales tor luly by sales terrtory: Maine: Backyard Chef 310 units at $700 per unit Master Chef 150 units at $1,200 per unit Vermont: Backyard Cher 240 units at $750 per unit Master Chet 110 units at \$1, 300 per unit New Hampshire: Bsckyard Chef 360 units at $750 per unit Master Chef 180 units at 51,400 per unit b. Estimated inventories at July 1 Direct materials: Grates 290 unita Stainless steel 1,500 ibs. Bumer subassembles 170 units shelves 340 units Finished products: Backyard Chef 30 units Master Chef 32 units C. Desired inventories at July 31 t Direct materials: Grates 340 units -5tainless steel 1,600 16s. c. Desired inventories at July 31 : Direct materials: Grates 340 units Stainless steel 1,800lbs. Burner subassemblies 155 units Shelves 315 units Finished products: Backyard Chef 40 units Master Chef 22 units d. Direct materials used in production: In manufacture of Backyard Chef: Grates 3 units per unit of product Stainless steel 24 lbs: per unit of product Burner subassemblies 2 units per unit of product Shelves 4 units per unit of product In manufacture of Master Chef: Grates 6 units per unit of product Stainless steel 42 los. per unit of product Burner subassemblies 4 units per unit of product Shelves 5 units per unit of product e. Anticipated purchase price for direct materials: Grates $15 per unit Stainless steel $6 per lb. Bumer subassemblies $110 per unit Shelves $10 per unit f. Direct labor requirements: Backyard Chef: Stamping Department 0.50hr. at $17 per hr. Formina Deoartment 0.60hr at $15 per hr. f. Direct labor requirements: Backyard Chef: Stamping Department 0.50hr at $17 per hr. Farming Department 0.60hr, at $15 per hr Assembly Department 1.00 hr, at $14 per hr. Master Chef: Stamping Department 0.60 hr, at 517 per hr. Forming Department 0.80hr at $15 per he Assembly Department 1.50 hrs. at 514 per he Required: 1. Prepare a sales budobet foe July. Total revenue trom sales
