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  • II Mor Chap 9 12.11.2020

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    Al Basti
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    The document contains 6 sections that provide budgets for Bud Production, Raw Material Purchases, Direct Labor, Manufacturing Overhead, Manufacturing Overhead Rate, and Selling and Administrative Expenses for a company over 4 quarters of a year. The budgets include production needs in bottles and grams, raw material needs and purchases, direct labor hours and costs, variable and fixed overhead costs, manufacturing overhead rate calculation, and variable and fixed selling and administrative expense projections.

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    Chapter 9

    Original Title

    M.com II Mor chap 9 12.11.2020

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    The document contains 6 sections that provide budgets for Bud Production, Raw Material Purchases, Direct Labor, Manufacturing Overhead, Manufacturing Overhead Rate, and Selling and Administrative Expenses for a company over 4 quarters of a year. The budgets include production needs in bottles and grams, raw material needs and purchases, direct labor hours and costs, variable and fixed overhead costs, manufacturing overhead rate calculation, and variable and fixed selling and administrative expense projections.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    21 views5 pages

    II Mor Chap 9 12.11.2020

    Uploaded by

    Al Basti
    The document contains 6 sections that provide budgets for Bud Production, Raw Material Purchases, Direct Labor, Manufacturing Overhead, Manufacturing Overhead Rate, and Selling and Administrative Expenses for a company over 4 quarters of a year. The budgets include production needs in bottles and grams, raw material needs and purchases, direct labor hours and costs, variable and fixed overhead costs, manufacturing overhead rate calculation, and variable and fixed selling and administrative expense projections.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 5

    9.

    Year2 year3
    1st 2nd 3rd 4th 1st
    Bud Production in bottles 60,000 90,000 150,000 100,000 70,000
    No of grams per bottle 3 3 3 3 3
    Production needs (grams) 180000 270000 450000 300000 210000

    ABC
    Direct Material Budget

    1st 2nd 3rd 4th Total


    Production needs 180000 270000 450000 300000 1200000
    Add
    Desired Ending inventory 54000 90000 60000 42000 42000
    Raw material needs 234000 360000 510000 342000 1242000
    Less
    Beg inv 36000 54000 90000 60000 36000
    Raw material to be purchased (grams) 198000 306000 420000 282000 1206000
    cost of raw meterial to be purchased
    at 150 R per kg 29700 45900 63000 42300 180900
    1kg = 1000 grams
    9.4
    Rordan Corporation
    Direct Labor Budget

    1st 2nd 3rd 4th total


    Required Production 8000 6500 7000 7500 29000
    Direct labor Hours 0.35 0.35 0.35 0.35 0.35
    Total Direct labor hours needed 2800 2275 2450 2625 10150
    Direct labor cost per hour 12 12 12 12 12
    Total Direct labor cost 33600 27300 29400 31500 121800

    1st 2nd 3rd 4th total


    Total Direct labor hours needed 2800 2275 2450 2625
    Regular hours 2600 2600 2600 2600
    overtime 200 0 0 25
    Wages for regular hours (12 PH) 31200 31200 31200 31200 124800
    Overtime wages ( 1.5*12ph) 3600 0 0 450 4050
    Direct labor cost 34800 31200 31200 31650 128850
    9.5

    Yuvwell corporation
    Manufacturing overhead budget

    1st 2nd 3rd 4th total


    Bud Direct labour Hours 8000 8200 8500 7800 32500
    Variable MOH rate 3.25 3.25 3.25 3.25 3.25
    Variable MOH 26000 26650 27625 25350 105625
    Fixed MOH 48000 48000 48000 48000 192000
    Total MOH 74000 74650 75625 73350 297625
    Less Dep 16000 16000 16000 16000 64000
    cash disbursement to MOH 58000 58650 59625 57350 233625

    Manufacturing Overhead Rate For the year


    Total MOH for the year 297625
    Total bud Direct labor hours for the year 32500
    9.157692
    Manufacturing Overhead Rate For the year 9.16
    9.6
    Weller Company
    Selling and admin Expense budget

    1st 2nd 3rd 4th total


    Bud sales in units 15000 16000 14000 13000 58000
    Variable selling and Admin Expenses PU 2.5 2.5 2.5 2.5 2.5
    Variable selling and Admin Expenses 37,500 40000 35000 32500 145000
    Fixed selling and admin Expenses
    Advertising 8000 8000 8000 8000 32000
    Salaries 35000 35000 35000 35000 140000
    Dep 20000 20000 20000 20000 80000
    Insurance 5000 5000 10000
    Taxes 8000 8000
    Total Fixed selling and admin exp 68000 71000 68000 63000 270000
    total Selling and admin Exp 105,500 111000 103000 95500 415000
    less dep 20000 20000 20000 20000 80000
    Cash disbursement for selling and admin Exp 85,500 91000 83000 75500 335000

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