Swifty Auto has developed the following production plan for its new auto part.       July   August   September   October     Budgeted production (units)   17,500   13,000   22,000   25,500   Each unit passes through two departments before completion. The company has developed the following direct labor standards:       Machining   Assembly     DLH per unit   4.00     0.75       Hourly rate   $13.00     $7.00     Prepare the direct labor budget for the third quarter of the coming year. (Enter "per unit" value and the "wage rate" answers to 2 decimal places, e.g. 52.75.)       July   August   September   3rd Quarter     Machining                     select an item                                                              enter a number of units   enter a number of units   enter a number of units   enter a number of units     select an item                                                              enter a number of hours rounded to 2 decimal places   enter a number of hours rounded to 2 decimal places   enter a number of hours rounded to 2 decimal places   enter a number of hours rounded to 2 decimal places     select an item                                                              enter a total number of hours   enter a total number of hours   enter a total number of hours   enter a total number of hours     select an item                                                              $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places      select a closing name for the first part                                                              $enter a total amount for the first part    $enter a total amount for the first part    $enter a total amount for the first part    $enter a total amount for the first part      Assembly                     select an item                                                              enter a number of units   enter a number of units   enter a number of units   enter a number of units     select an item                                                              enter a number of hours rounded to 2 decimal places   enter a number of hours rounded to 2 decimal places   enter a number of hours rounded to 2 decimal places   enter a number of hours rounded to 2 decimal places     select an item                                                              enter a total number of hours   enter a total number of hours   enter a total number of hours   enter a total number of hours     select an item                                                              $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places      select a closing name for the second part                                                              $enter a total amount for the second part    $enter a total amount for the second part    $enter a total amount for the second part    $enter a total amount for the second part      Total DL cost   $enter a total dollar amount    $enter a total dollar amount    $enter a total dollar amount    $enter a total dollar amount

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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Swifty Auto has developed the following production plan for its new auto part.

     
July
 
August
 
September
 
October
 
 
Budgeted production (units)
  17,500   13,000   22,000   25,500  


Each unit passes through two departments before completion. The company has developed the following direct labor standards:

     
Machining
 
Assembly
 
 
DLH per unit
  4.00     0.75    
 
Hourly rate
  $13.00     $7.00    


Prepare the direct labor budget for the third quarter of the coming year. (Enter "per unit" value and the "wage rate" answers to 2 decimal places, e.g. 52.75.)

     
July
 
August
 
September
 
3rd Quarter
 
 
Machining
                 
 
select an item                                                           
  enter a number of units   enter a number of units   enter a number of units   enter a number of units  
 
select an item                                                           
  enter a number of hours rounded to 2 decimal places
 
enter a number of hours rounded to 2 decimal places
 
enter a number of hours rounded to 2 decimal places
 
enter a number of hours rounded to 2 decimal places  
 
select an item                                                           
  enter a total number of hours   enter a total number of hours   enter a total number of hours   enter a total number of hours  
 
select an item                                                           
  $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places   
 
select a closing name for the first part                                                           
  $enter a total amount for the first part 
 
$enter a total amount for the first part 
 
$enter a total amount for the first part 
 
$enter a total amount for the first part   
 
Assembly
                 
 
select an item                                                           
  enter a number of units   enter a number of units   enter a number of units   enter a number of units  
 
select an item                                                           
  enter a number of hours rounded to 2 decimal places
 
enter a number of hours rounded to 2 decimal places
 
enter a number of hours rounded to 2 decimal places
 
enter a number of hours rounded to 2 decimal places  
 
select an item                                                           
  enter a total number of hours   enter a total number of hours   enter a total number of hours   enter a total number of hours  
 
select an item                                                           
  $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2 decimal places   
 
select a closing name for the second part                                                           
  $enter a total amount for the second part 
 
$enter a total amount for the second part 
 
$enter a total amount for the second part 
 
$enter a total amount for the second part   
 
Total DL cost
  $enter a total dollar amount 
 
$enter a total dollar amount 
 
$enter a total dollar amount 
 
$enter a total dollar amount 
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