NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for the upcoming quarter. Thefollowing data have been gathered for a particular tile design.Projected unit salesSelling price per caseInventory at the beginning of the quarterTarget inventory at the end of the quarterDirect labor hours needed to produce one caseDirect labor wagesDirect material cost per caseVariable manufacturing overhead cost per caseFixed overhead costs for the upcoming quarter3,600 cases200600 cases800 cases0.40 hours$$$$319,20015 per hour1610a. Using this information, develop NuFloor's sales forecast in dollars and its schedule of production in units.b. What is NuFloor's budgeted variable manufacturing cost per case?c. Prepare NuFloor's manufacturing cost budget.d. What is the projected ending inventory value for this particular tile design?Complete this question by entering your answers in the tabs below.Required ARequired BRequired CRequired DPrepare NuFloor's manufacturing cost budget.Variable manufacturing costs:Total variable manufacturing costsTotal cost of finished goods manufactured%24%24

Given:- Projected sales - 3600 cases Beginning inventory - 600 cases Target Closing inventory - 800…

NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for th following data have been gathered for a particular tile design. Projected unit sales Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct material cost per case Variable manufacturing overhead cost per case Fixed overhead costs for the upcoming quarter 3,600 cases 200 600 cases 800 cases 0.40 hours 2$ $ 15 per hour 16 $ $319,200 10 a. Using this information, develop NuFloor's sales forecast in dollars and its schedule of production in unit b. What is NuFloor's budgeted variable manufacturing cost per case? c. Prepare NuFloor's manufacturing cost budget. d. What is the projected ending inventory value for this particular tile design?

NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for th following data have been gathered for a particular tile design. Projected unit sales Selling price per case Inventory at the beginning of the quarter Target inventory at the end of the quarter Direct labor hours needed to produce one case Direct labor wages Direct material cost per case Variable manufacturing overhead cost per case Fixed overhead costs for the upcoming quarter 3,600 cases 200 600 cases 800 cases 0.40 hours 2$ $ 15 per hour 16 $ $319,200 10 a. Using this information, develop NuFloor's sales forecast in dollars and its schedule of production in unit b. What is NuFloor's budgeted variable manufacturing cost per case? c. Prepare NuFloor's manufacturing cost budget. d. What is the projected ending inventory value for this particular tile design?

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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Need help with this problem number 10.
Prepare a direct labor budget for each of the upcoming five years. Cost labor per unit = $8 Total direct labor hours needed for a period = Number of units to be produced in that period * Direct labors hours needed per unit Total direct labor costs needed to meet production =Total direct labor hours needed for that period * Direct labor cost per hour
NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for the upcoming quarter. The following data have been gathered for a particular tile design. Projected unit sales 3,600 cases Selling price per case $ 200 Inventory at the beginning of the quarter 600 cases Target inventory at the end of the quarter 800 cases Direct labor hours needed to produce one case 0.40 hours Direct labor wages $ 15 per hour Direct material cost per case $ 16 Variable manufacturing overhead cost per case $ 10 Fixed overhead costs for the upcoming quarter $ 319,200
Answer with detailed explanation please,
Goda
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