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The following data are available for the 2020 budget Direct materials Wood JD 7 per board foot (b.f.) (same as in 2019) Glass JD 10
The following data are available for the 2020 budget Direct materials Wood JD 7 per board foot (b.f.) (same as in 2019) Glass JD 10 Sheet (Same as in 2019) Direct manufacturing labor JD 20 per hour Direct Materials Wood Glasses Beginning inventory 70,000 b.f. 60,000 sheets Target ending inventory 80,000 b.f. 20,000 sheets If the budgeted sales in units, Table Wood 12 board feet 12 board feet Glass 6 sheet 8 sheet Direct manufacturing labor 4 hours 6 hours Product Chair Table Expected sales in units 25,000 5,000 Selling price JD 300 JD 400 Target ending inventory in units 4,000 250 4,000 250 Beginning inventory in units 9,000 750 Beginning inventory in dinars JD384, 000 JD262, 000 From the above data prepare the following: 1- The revenues budget 2- The production budget in units 3- Direct materials usage budget and direct materials purchases budgets. 4- Direct manufacturing labor costs budget
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