Business, 21.02.2020 16:39 natalyarenassalgado

The budget director of Gourmet Grill Company requests estimates of sales, production and other operating data from the various administrative units every month. Selected information concerning sales and production for July 2014 is summarized as follows:a. Estimated sales for March by sales territory:Maine: Backyard Chef 350 units at $800 per unit Master Chef 200 units at $1,400 per unitVermont: Backyard Chef 400 units at $825 per unit Master Chef 240 units at $1,500 per unitNew Hampshire: Backyard Chef 320 units at $850 per unit Master Chef 200 units at $1,600 per unitb. Estimated inventories at March 1:Direct materials: Grates 320 units Stainless steel 1,700 lbs. Burner subassemblies 190 units Shelves 350 unitsFinished products: Backyard Chef 30 units Master Chef 36 unitsc. Desired inventories at March 31:Direct materials: Grates 300 units Stainless steel 1,500 lbs. Burner subassemblies 210 units Shelves 400 unitsFinished products: Backyard Chef 40 units Master Chef 26 unitsd. Direct materials used in production:In manufacture of Backyard Chef: Grates 3 units per unit of product Stainless steel 24 lbs. per unit of product Burner subassemblies 2 units per unit of product Shelves 4 units per unit of productIn manufacture of Master Chef: Grates 6 units per unit of product Stainless steel 42 lbs. per unit of product Burner subassemblies 4 units per unit of product Shelves 5 units per unit of producte. Anticipated purchase price for direct materials:Grates $16 per unitStainless steel $8 per lb. Burner subassemblies 120 per unitShelves $12 per unitf. Direct labor requirements:Backyard Chef: Stamping Department 0.50 hr. at $18 per hr. Forming Department 0.60 hr. at $16 per hr. Assembly Department 1.0 hr. at $15 per hr. Master Chef: Stamping Department 0.60 hr. at $18 per hr. Forming Department 0.80 hr. at $16 per hr. Assembly Department 1.50 hrs. at $15 per hr. Required:1. Prepare a sales budget for May.2. Prepare a production budget for March. 3. Prepare a direct materials purchases budget for March. 4. Prepare a direct labor cost budget for March.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:30

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

Answers: 2

Answer

Business, 22.06.2019 11:00

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Answers: 1

Answer

Business, 22.06.2019 14:20

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Answers: 3

Answer

Business, 22.06.2019 19:30

The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?

Answers: 1

Answer

You know the right answer?

The budget director of Gourmet Grill Company requests estimates of sales, production and other opera...

Questions