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: Junior Pro Striker 18,200 units Production budget 8,200 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 Junior 0.25 hour per unit 0.40 hour per unit Pro Striker 0.35 hour per unit 0.60 hour per unit The direct labor rate for each department is as follows: Forming Department Assembly Department Prepare the direct labor cost budget for July. Hours required for production: Junior Pro Striker Total $15.00 per hour $10.00 per hour Hourly rate Total direct labor cost Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Forming Department looo X$ Assembly Department 00000

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: Junior Pro Striker 18,200 units Production budget 8,200 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 Junior 0.25 hour per unit 0.40 hour per unit Pro Striker 0.35 hour per unit 0.60 hour per unit The direct labor rate for each department is as follows: Forming Department Assembly Department Prepare the direct labor cost budget for July. Hours required for production: Junior Pro Striker Total $15.00 per hour $10.00 per hour Hourly rate Total direct labor cost Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Forming Department looo X$ Assembly Department 00000

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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