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 1,500 units 6,200 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 Junior 0.16 hour per unit 0.24 hour per unit
Pro Striker 0.20 hour per unit 0.30 hour per unit
The direct labor rate for each department is as follows:
Forming Department $18.00 per hour
Assembly Department $14.00 per hour
Required:
1. Prepare the direct labor cost budget for July 2016.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
On November 1, Arvelo Corporation had $32,000 of raw materials on hand. During the month, the company purchased an additional $78,000 of raw materials.
Answers (1)
In Step 1 of developing an EFE Matrix, how many opportunities and threats should be included in the full and narrow lists, respectively? A. 200, 20 B. 100, 20 C. 50, 10 D. 200, 10 E. 100, 10
Answers (1)
Instructions 1. Journalize the six adjusting entries required at November 30, based on the data presented.
Answers (1)
TB MC Qu. 4-58 Randall Company manufactures products to ... Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. Factory overhead cost was applied at 125% of direct labor cost.
Answers (1)
What are the two characteristics that differentiate private goods from public goods? rev: 04_09_2018 Multiple Choice ownership and usage rivalry and excludability negative externality and positive externality marginal cost and marginal benefit
Answers (1)
New Questions in Business
Which of the following are true? Select one or more: (a) The t-distribution is dependent on the sample size. (b) The t-distribution does not depend on the sample size.
Answers (1)
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Hours Wait time 13.6 Process time 2.7 Inspection time 0.3 Move time 3.3 Queue time 7.0 The delivery cycle time was:
Answers (1)
During 2021, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2021, cash collections on these accounts total $110,000. Pave estimates that 25% of the uncollected accounts will be uncollectible.
Answers (1)
How often is interest earned from bonds usually paid to the bond holder? 1) Every month 2) Once per year 3) Twice per year 4) Every two years
Answers (1)
Rexeleg Company manufactures a product with the following costs per unit at the expected production of 40,000 units: Direct materials $5 Direct labor 10 Variable overhead 7 Fixed overhead 9 The company has the capacity to produce 50,000 units.
Answers (1)