- X X - X Budgeted direct-cost inputs Finished goods inventory on the basis of budgeted di The budgeted direct-cost inputs for each product in 2020 are as follows: Broncos Blanket Rams Blanket Red wool fabric 9 yards O yards Black wool fabric 0 yards O 10 yards Broncos logo patches 1 1 0 Rams logo patches 0 1 Direct manufacturing labor 8 hours 9 hours Data relating to finished goods inventory for March 2020 are as follows: Broncos Blanket Rams Blanket Beginning inventory in units 22 27 Beginning inventory in dollars (cost) S 3,960 S 4,293 Target ending inventory in units 32 37 Print Done - X - X Direct-cost inputs Data pertaining to the direct materials for March 2020 are as follows: Actual Beginning Direct Materials Inventory, March 1, 2020 Broncos Blanket Rams Blanket c. Prepare the direct material Begin with the physical units Unit cost data for direct-cost inputs pertaining to February 2020 and March 2020 are as follows: 60 yards February 2020 (actual) $ 14 O yards 40 yards Oyards March 2020 (budgeted) ) $ $ 15 21 Red wool fabric Black wool fabric Broncos logo patches Rams logo patches 70 0 22 0 0 85 Red wool fabric (per yard) Black wool fabric (per yard) Broncos logo patches (per patch) Rams logo patches (per patch) Manufacturing labor cost per hour 12 12 13 11 31 32 Physical Units Budget Direct materials required for Broncos Target Ending Direct Materials Inventory, March 31, 2020 Broncos Blanket Rams Blanket Red wool fabric 50 yards O yards Black wool fabric O yards 50 yards Broncos logo patches 50 0 Rams logo patches 0 50 Rams () Print Done Total quantity of direct materia Broncos Rams Budgeted units sales 180 215 32 37 Add target ending finished goods inventory Total required units 212 252 22 27 Deduct beginning finished goods inventory 190 225 Units of finished goods to be produced c. Prepare the direct material usage budget and direct material purchases budget. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget. (For amounts with a zero balance, make sure to enter "O" in the appropriate cell.) Direct Material Usage Budget in Quantity and Dollars For the Month of March Material Broncos Rams Red wool Black wool logo patches logo patches Total Physical Units Budget Direct materials required for Broncos 9 yds. olyds. Rams 10 0 yds. yds. Total quantity of direct material to be used yds. yds. Homework. Chanter a Sales and other information Manufacturing overhead information The budgeted variable manufacturing overhead rate for March 2020 is $21 per direct manufacturing labor-hour. The budgeted fixed manufacturing overhead for March 2020 is $24,815. Both variable and fixed manufacturing overhead costs are allocated to each unit of finished goods. Budgeted sales for March 2020 are 180 units of the Broncos blankets and 215 units of the Rams blankets. The budgeted selling prices per unit in March 2020 are $709 for the Broncos blankets and $816 for the Rams blankets. Assume the following in your answer. Work-in-process inventories are negligible and ignored. Direct materials inventory and finished goods inventory are costed using the FIFO method. Unit costs of direct materials purchased and finished goods are constant in March 2020. Print Done Print Done 22 27 Deduct beginning finished goods inventory 190 225 Units of finished goods to be produced c. Prepare the direct material usage budget and direct material purchases budget. Begin with the physical units portion, then prepare the cost budget portion of the direct mater Direct Material Usage Budget in Quantity and Dolls For the Month of March Material The company sews the blankets from fabric and sews on a logo patch purchased from the licensed logo store site. The teams are as follows: . Broncos, with red blankets and the Broncos logo Rams, with black blankets and the Rams logo Also, the black blankets are slightly larger than the red blankets. propriate cell.) Print Done Brol - X X - X Budgeted direct-cost inputs Finished goods inventory on the basis of budgeted di The budgeted direct-cost inputs for each product in 2020 are as follows: Broncos Blanket Rams Blanket Red wool fabric 9 yards O yards Black wool fabric 0 yards O 10 yards Broncos logo patches 1 1 0 Rams logo patches 0 1 Direct manufacturing labor 8 hours 9 hours Data relating to finished goods inventory for March 2020 are as follows: Broncos Blanket Rams Blanket Beginning inventory in units 22 27 Beginning inventory in dollars (cost) S 3,960 S 4,293 Target ending inventory in units 32 37 Print Done - X - X Direct-cost inputs Data pertaining to the direct materials for March 2020 are as follows: Actual Beginning Direct Materials Inventory, March 1, 2020 Broncos Blanket Rams Blanket c. Prepare the direct material Begin with the physical units Unit cost data for direct-cost inputs pertaining to February 2020 and March 2020 are as follows: 60 yards February 2020 (actual) $ 14 O yards 40 yards Oyards March 2020 (budgeted) ) $ $ 15 21 Red wool fabric Black wool fabric Broncos logo patches Rams logo patches 70 0 22 0 0 85 Red wool fabric (per yard) Black wool fabric (per yard) Broncos logo patches (per patch) Rams logo patches (per patch) Manufacturing labor cost per hour 12 12 13 11 31 32 Physical Units Budget Direct materials required for Broncos Target Ending Direct Materials Inventory, March 31, 2020 Broncos Blanket Rams Blanket Red wool fabric 50 yards O yards Black wool fabric O yards 50 yards Broncos logo patches 50 0 Rams logo patches 0 50 Rams () Print Done Total quantity of direct materia Broncos Rams Budgeted units sales 180 215 32 37 Add target ending finished goods inventory Total required units 212 252 22 27 Deduct beginning finished goods inventory 190 225 Units of finished goods to be produced c. Prepare the direct material usage budget and direct material purchases budget. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget. (For amounts with a zero balance, make sure to enter "O" in the appropriate cell.) Direct Material Usage Budget in Quantity and Dollars For the Month of March Material Broncos Rams Red wool Black wool logo patches logo patches Total Physical Units Budget Direct materials required for Broncos 9 yds. olyds. Rams 10 0 yds. yds. Total quantity of direct material to be used yds. yds. Homework. Chanter a Sales and other information Manufacturing overhead information The budgeted variable manufacturing overhead rate for March 2020 is $21 per direct manufacturing labor-hour. The budgeted fixed manufacturing overhead for March 2020 is $24,815. Both variable and fixed manufacturing overhead costs are allocated to each unit of finished goods. Budgeted sales for March 2020 are 180 units of the Broncos blankets and 215 units of the Rams blankets. The budgeted selling prices per unit in March 2020 are $709 for the Broncos blankets and $816 for the Rams blankets. Assume the following in your answer. Work-in-process inventories are negligible and ignored. Direct materials inventory and finished goods inventory are costed using the FIFO method. Unit costs of direct materials purchased and finished goods are constant in March 2020. Print Done Print Done 22 27 Deduct beginning finished goods inventory 190 225 Units of finished goods to be produced c. Prepare the direct material usage budget and direct material purchases budget. Begin with the physical units portion, then prepare the cost budget portion of the direct mater Direct Material Usage Budget in Quantity and Dolls For the Month of March Material The company sews the blankets from fabric and sews on a logo patch purchased from the licensed logo store site. The teams are as follows: . Broncos, with red blankets and the Broncos logo Rams, with black blankets and the Rams logo Also, the black blankets are slightly larger than the red blankets. propriate cell.) Print Done Brol