Question
UVW Corporation is preparing its budget for the next quarter. The following information is provided: Expected sales: 6,000 units at $120 per unit Beginning inventory:
UVW Corporation is preparing its budget for the next quarter. The following information is provided:
Expected sales: 6,000 units at $120 per unit
Beginning inventory: 600 units
Desired ending inventory: 800 units
Direct materials: 4 kg per unit at $6 per kg
Direct labor: 1.5 hours per unit at $18 per hour
Variable manufacturing overhead: $8 per unit
Fixed manufacturing overhead: $50,000 per quarter
Required: a. Prepare a sales budget. b. Prepare a production budget. c. Prepare a direct materials budget. d. Prepare a direct labor budget. e. Prepare a manufacturing overhead budget.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428704
