Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows: Pro Striker Junior 8,600 units Production budget 23,900 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department Junior 0.20 hour per unit 0.40 hour per unit Pro Striker 0.30 hour per unit 0.75 hour per unit The direct labor rate for each department is as follows: $17.00 per hour $11.00 per hour Forming Department Assembly Department Prepare the direct labor cost budget for July. Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Forming Department Hours required for production: Junior Pro Striker Total Hourly rate Total direct labor cost X$ Assembly Department 00000 X$

Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows: Pro Striker Junior 8,600 units Production budget 23,900 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department Junior 0.20 hour per unit 0.40 hour per unit Pro Striker 0.30 hour per unit 0.75 hour per unit The direct labor rate for each department is as follows: $17.00 per hour $11.00 per hour Forming Department Assembly Department Prepare the direct labor cost budget for July. Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Forming Department Hours required for production: Junior Pro Striker Total Hourly rate Total direct labor cost X$ Assembly Department 00000 X$

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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< eBook Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows: Pro Striker Junior Production budget 18,200 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department 0.25 hour per unit 0.40 hour per unit 0.35 hour per unit 0.60 hour per unit The direct labor rate for each department is as follows: $15.00 per hour $10.00 per hour Pro Striker Forming Department Assembly Department Prepare the direct labor cost budget for July. Hours required for production: Junior Pro Striker Total Hourly rate Total direct labor cost Junior Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Forming Department 8,200 units X$ 30000 $ Check My Work 2 more Check My Work uses remaining. ssionLocator=&inprogress=false 10000 X$…
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