Ornamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 9 pounds of direct materials at a cost of $3 per pound and 0.4 direct labor hours at a rate of $20 per hour. Variable manufacturing overhead is charged at a rate of $4 per direct labor hour. Fixed manufacturing overhead is $3,200 per month. The company's policy is to maintain direct materials inventory equal to 20% of the next month's materials requirement. At the end of February the company had 6,280 pounds of direct materials in inventory. The company's production budget reports the following. Production Budget Units to be produced April 5,500 March May 5,300 3,300 (1) Prepare direct materials budgets for March and April. (2) Prepare direct labor budgets for March and April. (3) Prepare factory overhead budgets for March and April. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare direct labor budgets for March and April. (Round "DL hours required per unit" answers to two decimal places.) ORNAMENTAL SCULPTURES MFG. Direct Labor Budget For the Months of March and April March April Budgeted production (units) DL hours required per unit Total direct labor hours needed Direct labor rate per hour Total budgeted direct labor 2$ 0 $ < Required 1 Required 3 >
Ornamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 9 pounds of direct materials at a cost of $3 per pound and 0.4 direct labor hours at a rate of $20 per hour. Variable manufacturing overhead is charged at a rate of $4 per direct labor hour. Fixed manufacturing overhead is $3,200 per month. The company's policy is to maintain direct materials inventory equal to 20% of the next month's materials requirement. At the end of February the company had 6,280 pounds of direct materials in inventory. The company's production budget reports the following. Production Budget Units to be produced April 5,500 March May 5,300 3,300 (1) Prepare direct materials budgets for March and April. (2) Prepare direct labor budgets for March and April. (3) Prepare factory overhead budgets for March and April. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare direct labor budgets for March and April. (Round "DL hours required per unit" answers to two decimal places.) ORNAMENTAL SCULPTURES MFG. Direct Labor Budget For the Months of March and April March April Budgeted production (units) DL hours required per unit Total direct labor hours needed Direct labor rate per hour Total budgeted direct labor 2$ 0 $ < Required 1 Required 3 >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Ornamental Sculptures Mfg. manufactures garden sculptures. Each sculpture requires 9 pounds of direct materials at a cost of $3 per
pound and 0.4 direct labor hours at a rate of $20 per hour. Variable manufacturing overhead is charged at a rate of $4 per direct labor
hour. Fixed manufacturing overhead is $3,200 per month. The company's policy is to maintain direct materials inventory equal to 20%
of the next month's materials requirement. At the end of February the company had 6,280 pounds of direct materials in inventory. The
company's production budget reports the following.
Production Budget
Units to be produced
March
April
5,500
Мay
5,300
3,300
(1) Prepare direct materials budgets for March and April.
(2) Prepare direct labor budgets for March and April.
(3) Prepare factory overhead budgets for March and April.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Prepare direct labor budgets for March and April. (Round "DL hours required per unit" answers to two decimal places.)
ORNAMENTAL SCULPTURES MFG.
Direct Labor Budget
For the Months of March and April
March
April
Budgeted production (units)
DL hours required per unit
Total direct labor hours needed
Direct labor rate per hour
Total budgeted direct labor
$
0 $
< Required 1
Required 3 >
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