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This problem is different from the ones my teacher did in class. I am stuck on part 3. I think I have done the first
This problem is different from the ones my teacher did in class. I am stuck on part 3. I think I have done the first parts right, but I am unsure. I need help setting it up.
Pr 24 Gourmet Grills makes Backyard Grills. Information for Gourmet Grill for July is: A. Estimated sales for July by sales territory Maine Vermont New Hampshire Units 310 240 360 S per Unit 700 750 750 B. Estimated Inventory at July 1: Direct Materials 299 units Grates Stainless 1500 lb Burners 170 units Shelves 340 units Finished Goods 30 units C. Desired inventories at July 31 Direct Materials 340 units Grates Stainless 1800 lb Burners 155 units Shelves 315 units Finished Goods 40 units D. Direct materials used in production Grates Stainless Burners Shelves 3 units per unit 24 lb per unit 2 units per unit 4 units per unit E. Purchase price for direct materials $15 per unit S6 per lb $110 per unit $10 per unit es Stainless Burners Shelves F. Direct Labor Requirements Stamping Forming Assembly .50 hr at S17 per hr .60 hr at $15 per hr 1.00 hr at $14 per hr 1. Prepare a sales budget for July. 2. Prepare a production budget for July 3. Prepare a direct materials purchase budget for July. 4. Prepare a direct labor cost budget for JulyStep by Step Solution
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