Cleary Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly. The company has estimated costs for each of the three product models, the Zip, the Rocket, and the Zoom models. (Click the icon to view the direct labor hour information.) (Click the icon to view the unit production information) Requirement Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor costs for Prepare the direct labor budget for the Cutting Department, then the Assembly Department, and fi Cleary Industries Direct Labor Budget For the Upcoming Year Zip Cutting Department Units to be produced Multiply by: Direct labor hours per unit Total cutting hours required Multiply by: Direct labor cost per hour Budgeted direct labor cost Get more help. (...) Rocket Zoom Total Data table Budgeted unit production for each of the products is as follows: Number of units to be produced Product model: Zip Rocket Zoom Data table The company is currently analyzing direct labor hour requirements for the upcoming year. Cutting Assembly Estimated hours per unit: Zip Rocket Zoom Direct labor hour rate..... $ 1.1 1.6 1.9 530 790 840 12 $ 2.9 2.8 2.6 - 13. X

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please ignore the 1 and 2 and Only please answer the last part, Prepare the over head manufacturing Budget

Cleary Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly. The company has estimated costs for each of the
three product models, the Zip, the Rocket, and the Zoom models.
(Click the icon to view the direct labor hour information.)
(Click the icon to view the unit production information)
Requirement
Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor costs for
Prepare the direct labor budget for the Cutting Department, then the Assembly Department, and fi
Cleary Industries
Direct Labor Budget
For the Upcoming Year
Zip
Cutting Department
Units to be produced
Multiply by: Direct labor hours per unit
Total cutting hours required
Multiply by: Direct labor cost per hour
Budgeted direct labor cost
Get more help.
Rocket
Zoom
Total
Data table
Budgeted unit production for each of the products is as follows:
Number of units to
be produced
Product model:
Zip
Rocket
Zoom
Data table
The company is currently analyzing direct labor hour
requirements for the upcoming year.
Cutting Assembly
Estimated hours per unit:
Zip
Rocket
Zoom
Direct labor hour rate..... $
1.1
1.6
1.9
530
790
840
12
$
2.9
2.8
2.6
-
13
X
Transcribed Image Text:Cleary Industries manufactures three models of a product in a single plant with two departments: Cutting and Assembly. The company has estimated costs for each of the three product models, the Zip, the Rocket, and the Zoom models. (Click the icon to view the direct labor hour information.) (Click the icon to view the unit production information) Requirement Prepare a direct labor budget for the upcoming year that shows the budgeted direct labor costs for Prepare the direct labor budget for the Cutting Department, then the Assembly Department, and fi Cleary Industries Direct Labor Budget For the Upcoming Year Zip Cutting Department Units to be produced Multiply by: Direct labor hours per unit Total cutting hours required Multiply by: Direct labor cost per hour Budgeted direct labor cost Get more help. Rocket Zoom Total Data table Budgeted unit production for each of the products is as follows: Number of units to be produced Product model: Zip Rocket Zoom Data table The company is currently analyzing direct labor hour requirements for the upcoming year. Cutting Assembly Estimated hours per unit: Zip Rocket Zoom Direct labor hour rate..... $ 1.1 1.6 1.9 530 790 840 12 $ 2.9 2.8 2.6 - 13 X
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