Direct materials per unit pounds 2 3 desired ending

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Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 31,800 18,800 Beginning direct materials pounds 41,600 13,600 Cost per pound $3 $3 Direct labor budget: Direct labor time per unit 0.3 0.5 Direct labor rate per hour $10 $10 Budgeted income statement: Total unit cost $13 $22 An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $663,700 for product JB 50 and $364,800 for product JB 60, and administrative expenses of $541,300 for product JB 50 and $344,900 for product JB 60. Income taxes are expected to be 30%. (a) Your answer is correct. Prepare the sales budgets for the year. DELEON INC.
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Sales Budget For the Year Ending December 31, 2014 JB 50 JB 60 Total Expected unit sales Unit selling price $ $ Total sales $ $ $ SHOW ANSWER LINK TO TEXT (b) Your answer is partially correct. Try again. Prepare the production budgets for the year. DELEON INC. Production Budget For the Year Ending December 31, 2014 404500 204700 21 27 8494500 5526900 14021400 Attempts: 2 of 3 used
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JB 50 JB 60 : : SHOW ANSWER LINK TO TEXT Expected Unit Sales 401500 202600 Add Desired Ending Finished Goods Units 29100 17500 Total Required Units 430600 220100 Less Beginning Finished Goods Units 34100 14900 Required Production Units 396500 205200 Attempts: 3 of 3 used
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(c) Your answer is correct. Prepare the direct materials budgets for the year. DELEON INC. Direct Materials Budget For the Year Ending December 31, 2014 JB 50 JB 60 Total : : Units to be Produced 401300 210000 Direct Materials per Unit 2 3 Total Pounds Needed for Production 802600 630000 Add Desired Ending Direct Materials 31800 18800 Total Materials Required 834400 648800 Less 41600 13600
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Christopher Reinemann
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