Monarch Stationery Ltd. budgeted a production of 75,000 planners in 2023. Each planner requires assembly. Assume that 5 minutes are required to assemble each planner. If assembly labor costs $16 per hour, determine the direct labor cost budget for 2023.
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Determine the direct labor cost budget for 2023
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- Determine the direct labor cost budgetAutomatic Irrigation, Inc. is preparing its manufacturing overhead budget for the 2022 year. Relevant data consist of the following: Qtr. 4 Qtr. 1 Qtr. 2 Qtr. 3 Control Units to be produced (by quarters): 6,000 10,000 12,000 9,000 Direct labor time: 1 hour per unit Variable overhead costs per direct labor hour: Indirect Materials $0.90; Indirect Labor $1.40; and Maintenance $0.50. Fixed overhead costs per quarter: Supervisory salaries $27,600; depreciation $4,000; and maintenance $1,900. Required Prepare the manufacturing overhead budget for the 2022 year showing quarterly data.Get correct answer general accounting
- Sarasota Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the following. Quarterly units production: Q1-9,800, Q2-11,100, Q3-13,000, Q4-15,400. unit. Direct labor: Labor required is 1 hour per Variable overhead costs per direct labor hour: Indirect materials $0.80; indirect labor $1.10; and maintenance $0.50. Fixed overhead costs per quarter: Supervisory salaries $40,500; depreciation $16,700; and maintenance $11,000. Prepare the manufacturing overhead budget for the year, showing quarterly data. (List variable costs before fixed costs.) First Quarter SARASOTA COMPANY Manufacturing Overhead Budget Second Quarter 1 QıHow much is the budget of good sold for 2024?Shalom Company prepared its 2023 manufacturing overhead budget to produce Product Peace. Variable overhead costs per direct labor hour are Indirect materials, P3; Indirect labor, P15; Maintenance, P2. Fixed costs totaled P68,000 composed of Supervisor's salaries, P36,000; Depreciation, P20,000; Maintenance, P12,000. Producing each unit requires 2 direct labor hours. Shalom Company estimates that units to be produced for each quarter are 3,000, 3,600, 4,000, and 6,000, respectively. Amounts must be in whole numbers. Example: 88,000 or (88,000) How much is the total manufacturing overhead budget? Cash payments in quarter 3
- Coronado, Inc., is preparing its direct labor budget for 2027 from the following production budget based on a calendar year. Quarter Units Quarter Units 1 18,400 3 32,200 2 23,000 27,600 Each unit requires 1.5 hours of direct labor. Prepare a direct labor budget for 2027. Wage rates are expected to be $16 for the first 2 quarters and $18 for quarters 3 and 4. (Round Direct labor time per unit answers to 2 decimal places, e.g. 52.50.) CORONADO, INC. Direct Labor Budget Quarter 1 2 3 4 Year $ $ $ $ $ $ $Lily, Inc., is preparing its direct labor budget for 2022 from the following production budget based on a calendar year. Quarter Units Quarter Units 1 22,000 3 38,500 2 27,500 4 33,000 Each unit requires 1.5 hours of direct labor.Prepare a direct labor budget for 2022. Wage rates are expected to be $14 for the first 2 quarters and $18 for quarters 3 and 4. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.5.)Thank you.
- Concord Company is preparing its manufacturing overhead budget for 2025. Relevant data consist of the following. Units to be produced (by quarters): 11,200, 13,440, 15,680, 17,920. Direct labor: Time is 3.00 hours per unit. Variable overhead costs per direct labor hour: indirect materials $1.60; indirect labor $2.40; and maintenance $1.00. Fixed overhead costs per quarter: supervisory salaries $46,200; depreciation $16,800; and maintenance $13,440. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal place: 1.25. List variable expenses before fixed expense.) A $ 1 LA CONCORD COMPANY Manufacturing Overhead Budget 2 Quarter LA 3Concord Company is preparing its manufacturing overhead budget for 2025. Relevant data consist of the following. Units to be produced (by quarters): 11,200, 13,440, 15,680, 17,920. Direct labor: Time is 3.00 hours per unit. Variable overhead costs per direct labor hour: indirect materials $1.60; indirect labor $2.40; and maintenance $1.00. Fixed overhead costs per quarter: supervisory salaries $46, 200; depreciation $16,800; and maintenance $13,440. Prepare the manufacturing overhead budget for the year, showing quarterly data. (Round overhead rate to 2 decimal place 1.25. List variable expenses before fixed expense.) CONCORD COMPANY Manufacturing Overhead Budget Quarter 123 Concord Company is preparing its manufacturing overhead budget for 2025. Relevant data consist of the following. Units to be produced (by quarters): 11,200, 13,440, 15,680, 17,920. Direct labor: Time is 3.00 hours per unit. Variable overhead costs per direct labor hour: indirect materials $1.60; indirect labor…Sonic, Inc. is planning to produce 2,500 units of product in 2022. Each unit requires 3 pounds of materials at $6 per pound and a half hour of labor at $16 per hour. The overhead rate is 75% of direct labor. Compute the budgeted amounts for 2022 for direct materials to be used, direct labor, and applied overhead. Direct Materials $enter a dollar amount Direct Labor $enter a dollar amount Overhead $enter a dollar amount