In class Ch 22 Starting Budget Chapter1

In class Ch 22 Starting Budget Chapter1 - 156,000 365,000...

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Units Sales Dollars Selling Prices Sales Budget: Wallets Handbags Wallets Handbags Wallets Handbags East Region 287,000 156,400 3,444,000 3,910,000 12 25 West Region 241,000 123,600 2,892,000 3,090,000 Totals 528,000 280,000 6,336,000 7,000,000 Production Budget: Wallets Handbags Beginning Inventory 88,000 48,000 Units Produced 520,000 292,000 Units Sold 528,000 280,000 Ending Inventory 80,000 60,000 Direct Materials Purchases Budget: Wallets Handbags Cost/SQYD SQYD of Leather needed to make 0.30 1.25 $4.50 SQYD of Lining to make 0.10 0.50 $1.20 DM Used in production: Wallets Handbags Totals SQYD of Leather
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Unformatted text preview: 156,000 365,000 521,000 SQYD of Lining 52,000 146,000 198,000 Leather Lining Leather Lining Beginning materials inventory 18,000 15,000 81,000 18,000 Purchases 523,000 195,000 fin 2,353,500 234,000 Materials used in production 521,000 198,000 2,344,500 237,600 Ending materials inventory 20,000 12,000 90,000 14,400 DL hours used Wallets Handbags Rates Cutting Dept Time 0.10 0.15 $12.00 Sewing Dept Time 0.25 0.40 $15.00 Cutting Dept DL Cost $624,000 $525,600 1,149,600 Sewing Dept DL Cost $1,950,000 $1,752,000 3,702,000 Total Labor Costs 2,574,000 2,277,600 4,851,600...
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