Out to Get You, Co. is a manufacturer of coffee mugs and has the following budgeted sales
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Question:
Out to Get You, Co. is a manufacturer of coffee mugs and has the following budgeted sales for the upcoming four months:
Sept. | Oct. | Nov. | Dec. | |
Budgeted unit sales | 110,000 | 120,000 | 125,000 | 130,000 |
The firm desires a finished goods ending inventory equal to 25% of the following quarter’s budgeted sales. Assume that the finished goods inventory as of September 1st is 27,500 mugs. Assume that each coffee mug requires 1.2 hours of direct labor and that the direct labor wage rate is $11 per hour. Calculate the budgeted direct labor cost for September.
Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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