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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