eBookProduction budgetBoth rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as followsForming Department Assembly DepartmentJunior0.16 hour per unit0.24 hour per unitPro Striker0.20 hour per unit0.30 hour per unitThe direct labor rate for each department is as follows:Forming DepartmentAssembly DepartmentPrepare the direct labor cost budget for July.Hours required for production:JuniorPro Striker1,300 UMIESTotalHourly rateTotal direct labor cost$18.00 per hour$14.00 per hourAce Racket CompanyDirect Labor Cost BudgetFor the Month Ending July 31Forming Department0,200 unitsX SAssembly Department CengageNOWv2 | Online teachin xnow.com/ilmn/takeAssignment/takeAssignmenteBookCengageNOWv2 | Assignment | XMain.do?invoker=&ta... AForming DepartmentAssembly DepartmentJuniorForming Department Assembly DepartmentJunior0.16 hour per unit0.24 hour per unitPro Striker0.20 hour per unit0.30 hour per unitThe direct labor rate for each department is as follows:Direct Labor Cost BudgetAce Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets isas follows:Hours required for production:JuniorDro StrikorPro Striker6,200 unitsProduction budgetBoth rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows:1,500 unitsPrepare the direct labor cost budget for July.$18.00 per hour$14.00 per hour.CengageNOWv2 | Assignment | FXAce Racket CompanyDirect Labor Cost BudgetFor the Month Ending July 31Forming Department9399Assembly DepartmentBo

Hours required for production = Production budget units ×Hours required per unit

Production budget 0,200 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows Forming Department Assembly Department 0.16 hour per unit Pro Striker 0.20 hour per unit The direct labor rate for each department is as follows: $18.00 per hour $14.00 per hour Junior Forming Department Assembly Department Prepare the direct labor cost budget for July. Hours required for production: Junior Pro Striker Total 1,300 units Hourly rate Total direct labor cost Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Forming Department X $ 0.24 hour per unit 0.30 hour per unit $ Assembly Department

Production budget 0,200 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows Forming Department Assembly Department 0.16 hour per unit Pro Striker 0.20 hour per unit The direct labor rate for each department is as follows: $18.00 per hour $14.00 per hour Junior Forming Department Assembly Department Prepare the direct labor cost budget for July. Hours required for production: Junior Pro Striker Total 1,300 units Hourly rate Total direct labor cost Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Forming Department X $ 0.24 hour per unit 0.30 hour per unit $ Assembly Department

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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Direct Labor Cost Budget MatchPoint Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows: Junior Pro Striker Production budget 7,200 units 19,900 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department Junior 0.2 hour per unit 0.4 hour per unit Pro Striker 0.3 hour per unit 0.6 hour per unit The direct labor rate for each department is as follows: Forming Department $17 per hour Assembly Department $12 per hour Prepare the direct labor cost budget for March.
Direct Labor Cost Budget MatchPoint Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows: Junior Pro Striker Production budget 8,300 units 19,800 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department 0.25 hour per unit 0.4 hour per unit Junior Pro Striker 0.3 hour per unit 0.75 hour per unit The direct labor rate for each department is as follows: Forming Department $18 per hour Assembly Department $11 per hour Prepare the direct labor cost budget for March MatchPoint Racket Company Direct Labor Cost Budget For the Month Ending March 31
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Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows: Junior Pro Striker Production budget 8,900 units 21,000 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department Junior 0.25 hour per unit 0.40 hour per unit Pro Striker 0.35 hour per unit 0.70 hour per unit The direct labor rate for each department is as follows: Forming Department $18.00 per hour Assembly Department $11.00 per hour Prepare the direct labor cost budget for July. Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31 Forming Department Assembly Department Hours required for production: Junior fill in the blank 1 fill in the blank 2 Pro Striker fill in the blank 3 fill in the blank 4…
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Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows: Pro Striker 23,400 units Production budget Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department Junior 9,100 units Junior 0.20 hour per unit Pro Striker 0.30 hour per unit The direct labor rate for each department is as follows: Forming Department Assembly Department 0.40 hour per unit 0.75 hour per unit $17.00 per hour $10.00 per hour