13-10Ex_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Exercise 13-10 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. a. Production Budget January 2010 (assumed data) Expected units to be sold Plus: January 31 desired inventory Total units Less: January 1 estimated inventory Total units to be produced b. Direct Labor Cost Budget January 2010 (assumed data) Inseam Outseam Pockets Zipper Total Total minutes Total direct labor hours Multiply by direct labor rate Total direct labor cost Instructions Dockers 501 Jeans Dockers 501 Jeans
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Exercise 13-10 Name: SOLUTION Section: Score: See student sheet for student's score Scoring: ON Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited.
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Unformatted text preview: A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. a. LEVI STRAUSS & CO. Production Budget January 2010 (assumed data) Expected units to be sold 24,700 53,600 Plus: January 31 desired inventory 410 1,890 Total units 25,110 55,490 Less: January 1 estimated inventory 1,110 1,490 Total units to be produced 24,000 54,000 b. LEVI STRAUSS & CO. Direct Labor Cost Budget January 2010 (assumed data) Inseam Outseam Pockets Zipper Total 43,200 52,800 16,800 24,000 64,800 81,000 48,600 32,400 Total minutes 108,000 133,800 65,400 56,400 Total direct labor hours 1,800 2,230 1,090 940 Multiply by direct labor rate $12.50 $12.50 $16.00 $16.00 Total direct labor cost $22,500 $27,875 $17,440 $15,040 $82,855 Instructions Dockers 501 Jeans Dockers 501 Jeans...
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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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13-10Ex_5e_s - A red asterisk wil appear in the row immediately to the right of an incorrect answer a LEVI STRAUSS& CO Production Budget January

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