eBook Show Me How Hours required for assembly: Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 63,000 candles for January. Each candle requires molding. Assume that three minutes are required to mold each candle. If molding labor costs $15.25 per hour, determine the direct labor cost budget for January. Round total direct labor cost to the nearest dollar, if required. Pasadena Candle Inc. Direct Labor Cost Budget For the Month Ending January 31 Candles Convert minutes to hours Molding hours Hourly rate Total direct labor cost = essionLocator=&inprogress=false X min. min. Up hrs.

Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 27,000 candles for January. Each candle requires molding. Assume that four minutes are required to mold each candle. If molding labor costs $14.5 per hour, determine the direct labor cost budget for January. Round total direct labor cost to the nearest dollar, if required. Pasadena Candle Inc.Direct Labor Cost BudgetFor the Month Ending January 31 Hours required for assembly:         Candles       min. Convert minutes to hours   ÷   min. Molding hours       hrs. Hourly rate   × $   Total direct labor cost     $

Darling Harbor Co. manufactures chairs made of plastic tubing. Each chair requires 8 feet of tubing. The tubing costs $2 per foot. Budgeted production is: June 19,500 July 25,500 August 30,500 Budgeted production (# of chairs) Ending materials inventories are budgeted at 10% of the current month's production needs. There were 16,000 feet of tubing on hand at May 31. Prepare materials purchases budgets (in dollars) for June and July.

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For each unit of finished goods Surf Inc. needs 3 pounds of material.  The production budget is shown below for the next 4 months:                    Description   Month 1   Month 2   Month 3  Month 4  Production Budget in Units        14,000.00       15,000.00       16,000.00        12,000.00           Prepare the material purchases budget and show the total cost of material to purchase based on the following for Months 1-3                 Beg Inv Month 1         8,800.00 pounds of material   Cost per pound $4.75       Required Ending Inventory 12% of next months requirement              Description   Month 1   Month 2   Month 3

Thunder Creek Company's workers require 30 minutes of labor to produce each unit of product. The labor cost is $20 per hour Prepare a Direct Labor Budget. (When entering answers in the direct labor budget, use the direct materials budget for your cell references.) 2018 Budget #4: Direct Labor Budget Budgeted units to be produced Direct labor hours per unit Jan Feb Mar Q1 Total 18,000 24,000 30,000 72,000 0.50 0.50 0.50 0.50 Direct labor hours needed for production 9,000 12,000 15,000 36,000 Direct labor cost per hour 20 20 20 20 Budgeted direct labor cost 180,000 $ 240,000 $ 300,000 | $ 720,000 Thunder Creek Company prepares its Manufacturing Overhead Budget. For each direct labor hour, the variable overhead costs are: Indirect Materials = $1.00 per DLH; Indirect Labor Cost = $1.30 per DLH; Maintenance = $1.20 per DLH The Fixed Overhead Costs per month are: Salaries of $40,000, Depreciation =$20,000 and Maintenance = $10,000. Prepare a Manufacturing Overhead Budget. (When entering…

A company budgets production of 4,720 units in May and 6,025 units in June. Each unit requires 4 pounds of direct materials. Direct materials cost $5 per pound. The company maintains direct materials inventory equal to 40% of next month's direct materials requirement. The company has 7,552 pounds of direct materials inventory on April 30. Prepare the direct materials budget for May. Units to produce Direct Materials Budget Materials needed for production (pounds) Total materials required (pounds) Materials to purchase (pounds) Cost of direct materials purchases May