Homework 3 - Homework #4 NAME: _ Section/Time: _ 1: Macon...

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Homework #4 NAME: ________________ Section/Time: __________ 1: Macon is making Frisbees and the following relates to his production: Sales forecasts: September 120,000 October 110,000 November 160,000 December 150,000 He likes to keep 20% of next month’s sales in finished goods inventory (assume  that this requirement was met in September and December production is  125,000) Each Frisbee requires: 2 oz of plastic that should cost $3.00 per oz and he likes to keep 10% of  next month’s production needs in end inventory (this was met for  Sept) 3 direct labor hours at $8.00 per hour VMOH should occur at a rate of $1.75 per DLH and includes $2,000 of  depreciation a.) prepare a production budget for Sept-Nov b.) prepare a DM budget for Sept-Nov c.) prepare a DL budget for Sept-Nov d.) prepare a VMOH budget for Sept-Nov (include both costs and cash)
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2: Information related to Porter’s business follows
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This note was uploaded on 07/02/2011 for the course ACCT 226 taught by Professor Smith during the Spring '10 term at South Carolina.

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Homework 3 - Homework #4 NAME: _ Section/Time: _ 1: Macon...

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