Financial and Managerial Accounting: PR6-2A The budget director of Outdoor Chef Grill Company

Note: Please take the time to compare the information given below to your homework question/requirement to make sure they're the same.

Financial and Managerial Accounting
PR6-2A Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budget

The budget director of Outdoor Chef Grill Company requests estimates of sales, production, and other operating data from the various administrative units every month. Selected information concerning sales and production for May 2012 is summarized as follows:
a. Estimated sales for May by sales territory:

Maine:
Backyard Chef 280 units at $750 per unit
Master Chef 250 units at $1,500 per unit
Vermont:
Backyard Chef 210 units at $800 per unit
Master Chef 160 units at $1,600 per unit
New Hampshire:
Backyard Chef 305 units at $850 per unit
Master Chef 275 units at $1,700 per unit

b. Estimated inventories at May 1:
Direct materials: Finished Products:
Grates 300 units Backyard Chef 36 units
Stainless Steel 1,800 lbs Master Chef 18 units
Burner subassemblies 150 units
Shelves 300 units
c. Desired inventories at May 31:
Direct materials: Finished Products:
Grates 320 units Backyard Chef 31 units
Stainless Steel 2,100 lbs Master Chef 23 units
Burner subassemblies 135 units
Shelves 285 units
d. Direct materials used in production:
In manufacture of Backyard Chef:
Grates 3 units per unit of product
Stainless Steel 24 lbs per unit of product
Burner subassemblies 2 units per unit of product
Shelves 4 units per unit of product

In manufacture of Master Chef:
Grates 6 units per unit of product
Stainless Steel 42 lbs per unit of product
Burner subassemblies 4 units per unit of product
Shelves 5 units per unit of product
e. Anticipated purchase price for direct materials:
Grates $16 per unit Burner subassemblies $125 per unit
Stainless Steel $5 per lb Shelves $8 per unit
f. Direct labor requirements:
Backyard Chef:
Stamping Department 0.60 hr at $17 per hr
Forming Department 0.80 hr at $14 per hr
Assembly Department 2.0 hrs at $12 per hr
Master Chef:
Stamping Department 0.80 hr at $17 per hr
Forming Department 1.50 hrs at $14 per hr
Assembly Department 2.50 hrs at $12 per hr

Instructions:
1. Prepare a sales budget for May.
2. Prepare a production budget for May.
3. Prepare a direct materials purchases budget for May.
4. Prepare a direct labor cost budget for May
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