Need help finding the direct labor budget, I posted what i have so far. Each jacket requires 12 hours of direct labor. H&BClothing uses a series of drawing,cutting, and sawing machines set up for specialized operations to achieve productionefficiencies. Direct labor costs the company $25 per hour. Prepare a Direct Laborbudget. Unit SalesUnit PriceSales RevenueCash SaleCredit SaleTotaloduction Budget0.12Totalect Material BudgetSilk fabricVicouse FabricDirect Labor Budget$$0.10 $0.901.15 $$LA CA$$$667.00 $66.70 $5801.15600.30667.00 $July83667.00750July220 $1,015.00 $157.50 $$953$25.0023,825.00 $187.001,276.00145.201,234.0010124$110$13,640July6001.15 $690.00 $69.00 $621.00690.00 $August90690.00780August157.50 $1,050.00 $170.63 $$1,0636501.15 $747.50 $10134$110$14,740August74.75 $672.75747.50 $September117747.50865September170.63 $1,137.50 $223.13$$1,190$25.00$25.0026,575.00 $ 29,750.00 $145.20157.301,320.01,430.0157.30205.701,332.001,478.0010148$110$16,280September8501.15977.5097.75 $879.75977.50October138977.501,116October223.131,487.50262.50$1,527$25.0038,175.00205.701,870.0242.001,906.00$$10191$110$21,010October$$$$1,0001.151,150.00115.001,035.001,150.00November01,150.001,150November262.501,750.0001,488.00$25.0037,200.00242.002,200.01,958.0010196$110$21,560November

Budgeting is a planning technique used to provide for the anticipated expenses in the future period(s).Budgeting helps the business entity in monitoring the progress of the operations and whether the intended goals are achieved or not.There are various types of budgets e.g. production budget, sales budget, direct labor budget etc. ParticularsJulyAugSeptOctNovTotal jackets to be produced75078086511161150Labor hour per jacket1212121212Total direct labor hours to be used90009360103801339213800cost per direct labor hour ($)2525252525Total direct labor cost ($)225000234000259500334800345000Total direct labor hours to be used90009360103801339213800Total direct labor cost ($)225000234000259500334800345000

Answered: Need help finding the direct labor…

Business

Accounting

Need help finding the direct labor budget, I posted what i have so far.

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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Concept explainers

Master Budget

A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.

Sales Budget and Selling

A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.

Question

Need help finding the direct labor budget, I posted what i have so far.

Each jacket requires 12 hours of direct labor. H&BClothing uses a series of drawing,
cutting, and sawing machines set up for specialized operations to achieve production
efficiencies. Direct labor costs the company $25 per hour. Prepare a Direct Labor
budget.

Unit Sales
Unit Price
Sales Revenue
Cash Sale
Credit Sale
Total
oduction Budget
0.12
Total
ect Material Budget
Silk fabric
Vicouse Fabric
Direct Labor Budget
$
$
0.10 $
0.90
1.15 $
$
LA CA
$
$
$
667.00 $
66.70 $
580
1.15
600.30
667.00 $
July
83
667.00
750
July
220 $
1,015.00 $
157.50 $
$953
$25.00
23,825.00 $
187.00
1,276.00
145.20
1,234.00
10
124
$110
$13,640
July
600
1.15 $
690.00 $
69.00 $
621.00
690.00 $
August
90
690.00
780
August
157.50 $
1,050.00 $
170.63 $
$1,063
650
1.15 $
747.50 $
10
134
$110
$14,740
August
74.75 $
672.75
747.50 $
September
117
747.50
865
September
170.63 $
1,137.50 $
223.13
$
$1,190
$25.00
$25.00
26,575.00 $ 29,750.00 $
145.20
157.30
1,320.0
1,430.0
157.30
205.70
1,332.00
1,478.00
10
148
$110
$16,280
September
850
1.15
977.50
97.75 $
879.75
977.50
October
138
977.50
1,116
October
223.13
1,487.50
262.50
$1,527
$25.00
38,175.00
205.70
1,870.0
242.00
1,906.00
$
$
10
191
$110
$21,010
October
$
$
$
$
1,000
1.15
1,150.00
115.00
1,035.00
1,150.00
November
0
1,150.00
1,150
November
262.50
1,750.00
0
1,488.00
$25.00
37,200.00
242.00
2,200.0
1,958.00
10
196
$110
$21,560
November

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