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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:
a Estimated sales for March 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 March :
Direct materials:
Grates units
Stainless steel lb
Burner subassemblies units
Shelves units
Finished products:
Backyard Chef units
Master Chef units
c Desired inventories at March :
Direct materials:
Grates units
Stainless steel lb
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 lb 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 lb 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 hr
Required:
Prepare a sales budget for March.
Gourmet Grill Company
Sales Budget
For the Month Ending March
Product and Area Unit Sales
Volume Unit Selling
Price Total Sales
Backyard Chef:
Maine fill in the blank
fill in the blank
fill in the blank
Vermont fill in the blank
fill in the blank
fill in the blank
New Hampshire fill in the blank
fill in the blank
fill in the blank
Total fill in the blank
fill in the blank
Master Chef:
Maine fill in the blank
fill in the blank
fill in the blank
Vermont fill in the blank
fill in the blank
fill in the blank
New Hampshire fill in the blank
fill in the blank
fill in the blank
Total fill in the blank
fill in the blank
Total revenue from sales fill in the blank
Prepare a production budget for March.
Gourmet Grill Company
Production Budget
For the Month Ending March
Units
Backyard Chef Master Chef
Expected units to be sold fill in the blank
fill in the blank
Plus desired inventory, March fill in the blank
fill in the blank
Total fill in the blank
fill in the blank
Less estimated inventory, March fill in the blank
fill in the blank
Total units to be produced fill in the blank
fill in the blank
Prepare a direct materials purchases budget for March.
Gourmet Grill Company
Direct Materials Purchases Budget
For the Month Ending March
Grates
units Stainless Steel
lb Burner Sub
assemblies
units Shelves
units Total
Required units for production:
Backyard Chef fill in the blank
fill in the blank
fill in the blank
fill in the blank
Master Chef fill in the blank
fill in the blank
fill in the blank
fill in the blank
Plus desired inventory, March
fill in the blank
fill in the blank
fill in the blank
fill in the blank
Total fill in the blank
fill in the blank
fill in the blank
fill in the blank
Less estimated inventory, March fill in the blank
fill in the blank
fill in the blank
fill in the blank
Total units to be purchased fill in the blank
fill in the blank
fill in the blank
fill in the blank
Unit price fill in the blank
fill in the blank
fill in the blank
fill in the blank
Total direct materials to be purchased fill in the blank
fill in the blank
fill in the blank
fill in the blank
fill in the blank
Prepare a direct labor cost budget for March.
Gourmet Grill Company
Direct Labor Cost Budget
For the Month Ending March
Stamping
Department Forming Department Assembly Department Total
Hours required for production:
Backyard Chef fill in the blank
fill in the blank
fill in the blank
Master Chef fill in the blank
fill in the blank
fill in the blank
Total fill in the blank
fill in the blank
fill in the blank
Hourly rate
$fill in the blanks
total di
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