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7:53 1 .III LTE Screen Shot 2019-10-13 at 9.5... Operating Budget, Comprehensive Analysis Ponderosa, Inc., produces wiring harness assemblies used in the production of semi-trailer trucks. The wiring harness assemblies are sold to various truck manufacturers around the world. Projected sales in units for the coming five months are given below. January February March April May 10,000 10,500 13,000 16,000 18,500 The following data pertain to production policies and manufacturing specifications followed by Ponderosa Finished goods inventory on January 1 is 900 units. The desired ending inventory for each month is 20 percent of the next months sales. The data on materials used are as follows: Direct Material Part #298 Part #C30 Per-Unit Usage Unit Cost Inventory policy dictates that sufficient materials be on hand at the beginning of the month to satisfy 30 percent of the next months production needs. This is exactly the amount of material on hand on January 1 The direct labor used per unit of output is one and one-half hours. The average direct labor cost per hour is $20. Overhead each month is estimated using a flexible budget formula. (Activity is measured in direct labor hours.) Fixed Cast Component Variable Cost Component Supplies $1.00 Power 0.20 Maintenance 12,500 1.10 Supervision 14,000 Depreciation 45,000 Taxes Other 86,000 Helpful Unhelpful Ask Expert Tutors 7:53 1 .III LTE Screen Shot 2019-10-13 at 9.5... Operating Budget, Comprehensive Analysis Ponderosa, Inc., produces wiring harness assemblies used in the production of semi-trailer trucks. The wiring harness assemblies are sold to various truck manufacturers around the world. Projected sales in units for the coming five months are given below. January February March April May 10,000 10,500 13,000 16,000 18,500 The following data pertain to production policies and manufacturing specifications followed by Ponderosa Finished goods inventory on January 1 is 900 units. The desired ending inventory for each month is 20 percent of the next months sales. The data on materials used are as follows: Direct Material Part #298 Part #C30 Per-Unit Usage Unit Cost Inventory policy dictates that sufficient materials be on hand at the beginning of the month to satisfy 30 percent of the next months production needs. This is exactly the amount of material on hand on January 1 The direct labor used per unit of output is one and one-half hours. The average direct labor cost per hour is $20. Overhead each month is estimated using a flexible budget formula. (Activity is measured in direct labor hours.) Fixed Cast Component Variable Cost Component Supplies $1.00 Power 0.20 Maintenance 12,500 1.10 Supervision 14,000 Depreciation 45,000 Taxes Other 86,000 Helpful Unhelpful Ask Expert Tutors
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