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GuDViN [60]
3 years ago
6

Sleep Tight, Inc., manufactures bedding sets. The budgeted production is for 20,900 comforters this year. Each comforter require

s 1.5 hours to cut and sew the material. The cost of cutting and sewing labor is $14.50 per hour. Determine the direct labor budget for this year. $
Business
1 answer:
gayaneshka [121]3 years ago
7 0

Answer:

Direct labor budgeted cost= $454,575

Explanation:

Giving the following information:

The budgeted production is for 20,900 comforters this year.

Each comforter requires 1.5 hours to cut and sew the material.

The cost of cutting and sewing labor is $14.50 per hour.

To calculate the direct labor budget, we need to determine the total amount of direct labor hours and then multiplying it to the direct labor hour cost.

The total amount of hours= 20,900*1.5= 31,350 hours

Direct labor budgeted cost= 31,350 *14.5= $454,575

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A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 80,000 units on hand,
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Answer:

c) $9,000,000

Explanation:

The cost of good sold = Cost per unit × Quantity sold

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The cost of sold = $30 × 300,000 =  $9,000,000

This can be confirmed as follows:

                                                                  Unit

opening inventory                                     80,000

Production(see note below)                    <u> 340,000</u>

Available or sale                                       420,000

Closing inventory                                    <u>(120,000)</u>

Units sold                                                 <u>300,000</u>        

Cost of units sold = 300,000 × $30 = $9,000,000

Note :

Production budget = sales budget + closing inventory - opening inventory

= 300,000 + 120,000 - 80,000 = 340,000 units

                               

6 0
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Answer:

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Explanation:

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