Instructions Amount Descriptions Questions (Part A) Production Budget.docx

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Instructions Amount Descriptions Questions (Part A) Production Budget Budgeted Income Statement Variance Analysis (Part C) Direct Materials Purchases Budget Direct Labor Cost Budget Factory Overhead Cost Budget Instructions une spice Inc began operations on January 1 of the current year. The company produces aight pun January direct materials, direct labor, and factory overhead costs are as follows: bois ot hart and bestu la calor Eternal Beauty The lotion is sold wholesale in 12 bottle cases for $100 per case. There is a selling commission Stor sanner case There is a selling commission of $20 per case. The DIRECT MATERIALS Cost Behavior Units per Case Cost per Unit Cost per Case Cream base Variable 100 oz $0.02 $ 200 Natural oils Variable 30 oz. 0130 9.00 Bottle (8-02.) Variable 12 bottles 0.50 6.00 $17.00 DIRECT LABOR Department Cost Behavior Time per Case Labor Rate per Hour Cost per Case Mixing Variable 20 min Filling Variable 25 min FACTORY OVERHEAD Cost Behavior Total Cost Utilities Mixed $500 Facility lease Fixed 14,000 Equipment
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