Answer:
$585,120
Explanation:
The computation of Budgeted direct labor costs is shown below:-
Direct labor cost per pod = Direct labor required per pod x Direct labor rate
= 2.4 × $10.60
= $25.44
Budgeted direct labor costs incurred in June = Direct labor cost per pod × Produced pods
= $25.44 × 23,000
= $585,120
Therefore for computing the budgeted direct labor costs we simply applied the above formula.
Answer:
Total cash collection May= $60,000
Explanation:
Giving the following information:
Cash collection:
30% are collected in the month of sale
60% are collected in the first month after sale
10% are collected in the second month after sale.
Sales:
April= $60,000
May= $80,000
<u>We need to calculate the cash collection for May:</u>
Cash collection:
Sales in cash May= (80,000*0.3)= 24,000
Sales in account from April= (60,000*0.6)= 36,000
Total cash collection May= $60,000
Answer and Explanation:
The computation of the total budgeted selling and administrative expenses is shown below;
Utilities expense $2,800
Administrative salaries $100,000
Sales commissions 5 % of sales i.e. 5% of $860,000 $43,000
Advertising $20,000
Depreciation on store equipment $50,000
Rent on administration building $60,000
Miscellaneous administrative expenses $10,000
total budgeted selling and administrative expenses $285,800
