Alleyway Corporation manufactures two styles of leather bowling bag, the Strike and Turkey. Budgeted production levels for October follow: Production Strike 2,700 bags Turkey 3,600 bags Two departments, Cutting and Sewing, produce the bowling bags. Direct labor hours needed for each style are as follows: Strike Turkey Sewing Cutting 0.100 hour per bag 0.300 hour per bag 0.450 hour per bag 0.200 hour per bag Hourly direct labor rates are $11 for the Cutting Department and $16 for Sewing. Required: Determine Alleyway's budgeted direct labor cost for October. Note: Round your final answers to nearest whole dollar. Do not round your intermediate calculations. Cutting Sewing Budgeted Direct Labor Cost

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Master Budget

A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making. 

Sales Budget and Selling

A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.