3X.xls - BIGBUD Three-Month Master Budget Thorny Corp A B C...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
BIGBUD Three-Month Master Budget Thorny Corp. A B C D E F G 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Huh 3 Beginning inventory units & cost Gizmo 1,400 $46.00 What 18,000 $4.00 Huh 10,800 $2.80 Purchases Paid in the month of purchase 70% Paid in the subsequent month 30% Direct labor time to produce one Gizmo 0.5 hours Cost of direct labor $24 per hour Factory overhead $12 per direct labor hr. Selling and administrative expenses $10,000 fixed 10% variable Plant and equipment depreciation $12,000 per year Thorny Corp. Sales Budget Scratch Pad January February March Total April May Sales of Gizmos (units) #REF! #REF! #REF! #REF! #REF! #REF! Sales of Gizmos (dollars) #REF! #REF! #REF! #REF! Thorny Corp. Production Budget January February March Total April May A B C D E F G 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69
Image of page 2
Estimated sales (units) #REF! #REF! #REF! #REF! #REF! #REF! Desired ending inventory #REF! #REF! #REF! #REF! #REF! Total units needed #REF! #REF! #REF! #REF! #REF!
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern