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What would be the estimated inventories for July 1 for backyard chef and master chef? 310018 Sales, Production, Direct Materials Purchases, and Direct Labor Cost
What would be the estimated inventories for July 1 for backyard chef and master chef?
310018 Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budgets The budget director of Gourmet Grill Company requests estimates of sales, production, and other operating from the various administrative units every month. Selected information concerning sales and production fo is summarized as follows: a. Estimated sales for July by sales territory: Maine: 310 units at $700 per unit 150 units at $1,200 per unit Backyard Chef Master Chef Vermont: 240 units at $750 per unit 110 units at $1,300 per unit Backyard Chef Master Chef New Hampshire: Backyard Chef 360 units at $750 per unit 180 units at $1,400 per unit Master Chef b. Estimated inventories at July 1: Direct materials 290 units 1,500 lbs. Grates Stainless steel Burner subassemblies Shelves 170 units 340 units Finished products: 30 units 32 units Backyard Chef Master Chef c. Desired inventories at July 31: Direct materials: Grates 340 units 1,800 lbs Stainless steel Burner subassemblies 155 units 315 units Shelves Finished products: Backyard Chef 40 units 22 units Master Chef d. Direct materials used in production: In manufacture of Backyard Chef: Assignment Score: 20% Email Instructor Save and Exit Subm Step by Step Solution
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