13-02Pr_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Problem 13-2 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. 1. HEADS UP ATHLETIC CO. Sales Budget For the Month Ending January 31, 2010 Unit Sales Unit Sel ing Volume Price Total Sales Batting helmet Footbal helmet Total revenue from sales 2. HEADS UP ATHLETIC CO. Production Budget For the Month Ending January 31, 2010 Units Batting Footbal Helmet Helmet Expected units to be sold Plus desired inventory, January 31, 2010 Total Less estimated inventory, January 1, 2010 Total units to be produced 3. HEADS UP ATHLETIC CO. Direct Materials Purchases Budget For the Month Ending January 31, 2010 Plastic Foam Lining Total Required units for production: Batting helmet Footbal helmet Plus desired inventory, January 31, 2010 Total Less estimated inventory, January 1, 2010 Total units to be purchased Multiply by unit price Total direct materials to be purchased 4. HEADS UP ATHLETIC CO. Direct Labor Cost Budget For the Month Ending January 31, 2010 Molding Assembly Department Department Total Hours required for production: Batting helmet Footbal helmet Total Multiply by hourly rate Toral direct labor cost 5. HEADS UP ATHLETIC CO. Factory Overhead Cost Budget For the Month Ending January 31, 2010 Indirect factory wages Depreciation of plant and equipment Power and light Insurance and property tax Total 6. HEADS UP ATHLETIC CO. Cost of Goods Sold Budget
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This note was uploaded on 11/04/2011 for the course ACC 121 taught by Professor Thomas during the Winter '08 term at Baker MI.

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13-02Pr_5e_s - Problem 13-2 Name: Section: Score: 0%...

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