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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
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 March is summarized as follows:
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 March is summarized as follow . Estimated sales for March by sales territory Maine Backyard Chef 350 units at $300 per unit 200 units at $1.400 per unit Master Chef Vermont Backyard Chef 400 units at $125 per unit 240 units at $1,500 per unit Master Chef New Hampshire Backyard Chef 320 units at 050 per unit Master Chef 200 units at $1.500 per unit b. Estimated Inventories at March 11 Direct materials 320 units Stainless steel 1.700 lb Burner subassemblies 190 units shelves 350 units Finished productes Check My Work more Ches My Wones remaining Calculato Fri 1:44 Direct materials: Grates 320 units Stainless steel 1,700 lb. Burner subassemblies 190 units Shelves 350 units Finished products: Backyard Chef 30 units Master Chef 36 units c. Desired inventories at March 31: Direct materials: Grates 300 units Stainless steel 1,500 lb. Burner subassemblies 210 units Shelves 400 units Finished products: Backyard Chef 40 units Master Chef 26 units d. Direct materials used in production: In manufacture of Backyard Chef: Grates 3 units per unit of product Check My Work 3 more Check My Work uses remaining, d. Direct materials used in production: In manufacture of Backyard Chef: Grates 3 units per unit of product Stainless steel 24 lb. 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 lb. 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 $16 per unit Stainless steel $8 per lb. Burner subassemblies $120 per unit Shelves $12 per unit f. Direct labor requirements: Backyard Chef: Stamping Department 0.50 hr. at $18 per hr. Forming Department 0.60 hr. at 516 per hr. Check My Work 3 more Cheo My Worce uses remaining engage Learning Cengage Learning Calculator Print Item e. Anticipated purchase price for direct materials: Grates Stainless steel Burner subassemblies $16 per unit $8 per lb. $120 per unit $12 per unit Shelves f. Direct labor requirements: Backyard Chef: Stamping Department Forming Department Assembly Department Master Chef: 0.50 hr. at $18 per hr. 0.60 hr. at $16 per hr. 1.0 hr. at $15 per hr. Stamping Department 0.60 hr. at $18 per hr. Forming Department 0.80 hr. at 516 per hr. Assembly Department 1.50 hrs. at $15 per hr. Required: 1. Prepare a sales budget for March. Gourmet Grill Company Sales Budget For the Month Ending March 31 Unit Sales Unit Selling Product and Area Tota Check My Work 2 more cheo My Wordses remaining engage Learning Cengage Learning Calculator Print Item Required: 1. Prepare a sales budget for March. Gourmet Grill Company Sales Budget For the Month Ending March 31 Product and Area Unit Sales Volume Unit Selling Price Total Sales Backyard Chef: Maine Vermont New Hampshire Total Master Chef: Maine Vermont New Hampshire Total Total revenue from sales CK MY Work 3 more Check My Work uses remaining 2. Prepare a production budget for March. Gourmet Grill Company Production Budget For the Month Ending March 31 Units Backyard Chef Master Chef Expected units to be sold Plus desired inventory, March 31 Total Less estimated inventory, March 1 Total units to be produced 3. Prepare a direct materials purchases budget for March. Courmet Grill Company Direct Materials Purchases Budget For the Month Ending March 31 Burner Sub Grates (units) Stainless Steel (ib.) assemblies Shelves (units) Total (units) Required units for productions Backyard Chef Master Che Plus desired inventory, March 31 Total Less estimated inventory, March 1 Total units to be purchased Unit price Total direct materials to be purchased Check My Work more Check My Work uses remaining 4. Prepare a direct labor cost budget for March. Gourmet Grill Company Direct Labor Cost Budget For the Month Ending March 31 Stamping Department Forming Department Assembly Department Total Hours required for production: Backyard Chef Master Chef Total Hourly rate Total direct labor cost Check My Work 3 more Check My Work uses remaining Step by Step Solution
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