Budgeted November sales                                 60,000 units Budgeted FG Inventory, Nov. 1                            7,000 units Budgeted FG Inventory, Nov. 30                          6,000 units Budgeted direct labor hours – Cutting Dept.                               3 hours per unit Budgeted direct labor hours – Assembly Dept.                           2 hours per unit Budgeted direct labor wages per hour-Cutting Dept.                  $40 per hour Budgeted direct labor wages per hour-Assembly Dept.               $28 per hour   PREPARE A PRODUCTION BUDGET FOR NOVEMBER                                                                                                             Production in units:_____________________   PREPARE A DIRECT LABOR BUDGET FOR NOVEMBER (HOURS AND COST, BOTH DEPARTMENTS)                                                                                                               Cutting Dept. hours: _____________________                                                                                                               Assembly Dept. hours:____________________                                                                                                               Cutting Dept. cost: $______________________                                                                                                               Assembly Dept. cost: $__________

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter7: The Master Budget And Flexible Budgeting
Section: Chapter Questions
Problem 3E: Barnes Manufacturing Co. forecast October sales to be 45,000 units. Additional information follows:...
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Budgeted November sales                                 60,000 units

Budgeted FG Inventory, Nov. 1                            7,000 units

Budgeted FG Inventory, Nov. 30                          6,000 units

Budgeted direct labor hours – Cutting Dept.                               3 hours per unit

Budgeted direct labor hours – Assembly Dept.                           2 hours per unit

Budgeted direct labor wages per hour-Cutting Dept.                  $40 per hour

Budgeted direct labor wages per hour-Assembly Dept.               $28 per hour

 

  1. PREPARE A PRODUCTION BUDGET FOR NOVEMBER

                                                                                                            Production in units:_____________________

 

  1. PREPARE A DIRECT LABOR BUDGET FOR NOVEMBER (HOURS AND COST, BOTH DEPARTMENTS)

 

                                                                                                            Cutting Dept. hours: _____________________

 

                                                                                                            Assembly Dept. hours:____________________

 

                                                                                                            Cutting Dept. cost: $______________________

 

                                                                                                            Assembly Dept. cost: $____________________

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