Production Budget Assignment
1) Down Below Merchandise, Ltd., of Australia has budgeted gross sales of its widespread boomerang for the following 4 months as follows:
|Unit Gross sales|
The corporate is now within the means of making ready a manufacturing price range for the second quarter. Previous expertise has proven that end-of-month stock ranges should equal 15% of the next month’s unit gross sales. The stock on the finish of March was 12,300 models. Required:
Put together a manufacturing price range by month and in whole, for the second quarter.
2) The direct labor price range of Yuvwell Company for the upcoming fiscal yr accommodates the next particulars regarding budgeted direct labor-hours:
|1st Quarter||2nd Quarter||third Quarter||4th Quarter|
|Budgeted direct labor-hours||eight,200||eight,300||eight,600||eight,000|
The corporate makes use of direct labor-hours as its overhead allocation base. The variable portion of its predetermined manufacturing overhead price is $2.25 per direct labor-hour and its whole fastened manufacturing overhead is $50,000 per quarter. The one noncash merchandise included in fastened manufacturing overhead is depreciation, which is $12,500 per quarter. Required:
1. Put together the corporate’s manufacturing overhead price range for the upcoming fiscal yr. 2. Compute the corporate’s predetermined overhead price (together with each variable and stuck manufacturing overhead) for the upcoming fiscal yr.
Required: Put together a manufacturing price range by month and in whole, for the second quarter. Down Below Merchandise, Ltd., Manufacturing Finances April Might June Quarter Budgeted models gross sales Complete wants Required manufacturing in models zero Full this query by coming into your solutions within the tabs under. Required 1 Required 2 Put together the corporate's manufacturing overhead price range for the upcoming fiscal yr. Yuvwell Company Manufacturing Overhead Finances 1st Quarter 2nd Quarter third Quarter 4th Quarter 12 months Variable manufacturing overhead price Variable manufacturing overhead Mounted manufacturing overhead Complete manufacturing overhead Money disbursements for manufacturing overhead Compute the corporate's predetermined overhead price (together with each variable and stuck manufacturing overhead) for the upcoming fiscal yr. (Spherical your reply to 2 decimal locations.) Predetermined overhead price for the yr. .