E9-26 - M9-17Department 16Budget at 2,000 Output Level for...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

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

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: M9-17Department 16Budget at 2,000 Output Level for OctoberDirect materials ($3 2,000 20 1.10)$132,000Direct labor ($15 2,000 6)180,000Manufacturing overhead ($13 2,000 20)520,000Other costs:Containers ($9 2,000)18,000Total budget$850,000M9-21Wooly Rug CompanyProduction BudgetFor the Months of July, August, & September, 2009JulyAugustSeptemberOctoberBudgeted sales - sq. yards200,000180,000150,000160,000Plus desired ending inventory* 72,00060,00064,000Total inventory requirements272,000240,000214,000Less beginning inventory(100,000)(72,000)(60,000)Budgeted production sq. yards172,000168,000154,000*40 percent following months salesWooly Rug CompanyPurchases BudgetFor the Months of July & August, 2009JulyAugustSeptemberCurrent needs for productionC(5 lb. per sq. yard)860,000840,000770,000Plus desired ending inventory*252,000321,000Total requirements1,112,0001,161,000Less beginning inventory(400,000)(252,000)Purchases in pounds712,000909,000*30 percent of following months production requirements.*30 percent of following months production requirements....
View Full Document

This note was uploaded on 05/08/2011 for the course 193431918X 711 taught by Professor Braham during the Spring '11 term at Missouri (Mizzou).

Page1 / 4

E9-26 - M9-17Department 16Budget at 2,000 Output Level for...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online