Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 July is summarized as follows:
a Estimated sales for July by sales territory:
Maine:
Backyard Chef units at $ per unit
Master Chef units at $ per unit
Vermont:
Backyard Chef units at $ per unit
Master Chef units at $ per unit
New Hampshire:
Backyard Chef units at $ per unit
Master Chef units at $ per unit
b Estimated inventories at July :
Direct materials:
Grates units
Stainless steel lbs
Burner subassemblies units
Shelves units
Finished products:
Backyard Chef units
Master Chef units
c Desired inventories at July :
Direct materials:
Grates units
Stainless steel lbs
Burner subassemblies units
Shelves units
Finished products:
Backyard Chef units
Master Chef units
d Direct materials used in production:
In manufacture of Backyard Chef:
Grates units per unit of product
Stainless steel lbs per unit of product
Burner subassemblies units per unit of product
Shelves units per unit of product
In manufacture of Master Chef:
Grates units per unit of product
Stainless steel lbs per unit of product
Burner subassemblies units per unit of product
Shelves units per unit of product
e Anticipated purchase price for direct materials:
Grates $ per unit
Stainless steel $ per lb
Burner subassemblies $ per unit
Shelves $ per unit
f Direct labor requirements:
Backyard Chef:
Stamping Department hr at $ per hr
Forming Department hr at $ per hr
Assembly Department hr at $ per hr
Master Chef:
Stamping Department hr at $ per hr
Forming Department hr at $ per hr
Assembly Department hrs at $ per hrGourmet Grill Company
Production Budget
For the Month Ending July
Prepare a drect materlaks purchases budgat for July. For those boxes in which you must anter sabtracted or nagative numbers use a minus sign.
Gourmet Grill Company
Direct Materials Purchases Budget
For the Month Ending July
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started