Kyungsoo Co. produces photo album using two kinds of materials, which are plastic and rubber. Based...

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Kyungsoo Co. produces photo album using two kinds of materials, which are plastic and rubber. Based on the Q3 (July- September) production, to produce 1 album, the following inputs are needed: Direct Materials: Plastic Rubber Direct Labor Machinery 1.75 m 0.9 m 0.5 hours 0.5 machine hours Variable overhead consist of assembly cost with the tariff of Rp2.000/hours and inspection cost with the tariff of Rp75.000/batch. 1 batch equals to 30 photo albums. The following are the data regarding Kyungsoo Co. inventory at the end of Q3: Direct materials inventory: Plastic Rubber Finished goods (album) Unit 300 m 270 m 20 Value in IDR 12.000.000 8.100.000 3.000.000 Kyungsoo Co. predicts that it will sell 3.650 photo albums at the price of Rp150.000 in Q4. The following information are the target inventory level at the end of Q4 (December): Direct materials inventory: Plastic Rubber Finished goods (album) The prediction for the costs in Q4 are as follows: Plastic Rubber Direct labor Variable overhead cost Administration salary Other fixed costs Sales commission Unit 120 m 150 m 90 5. Direct Manufacturing Labor Cost Budget 6. Manufacturing Overhead Costs Budget 7. Budgeted Unit Costs of Ending Inventory 8. Ending Inventory Budget 9. COGS Budget 10. Income Statement Budget Harga (Rp) 45.000/m 35.000/m 7.500/hour Increases 15% from Q3 10.000.000/month 5.500.000/month 1.5% from sales Required: Create master budget for October - December (Q4) period which consist of: 1. Sales Budget 2. Production Budget 3. Direct Materials Usage Budget in Quantity and IDR 4. Direct Materials Purchases Budget Kyungsoo Co. produces photo album using two kinds of materials, which are plastic and rubber. Based on the Q3 (July- September) production, to produce 1 album, the following inputs are needed: Direct Materials: Plastic Rubber Direct Labor Machinery 1.75 m 0.9 m 0.5 hours 0.5 machine hours Variable overhead consist of assembly cost with the tariff of Rp2.000/hours and inspection cost with the tariff of Rp75.000/batch. 1 batch equals to 30 photo albums. The following are the data regarding Kyungsoo Co. inventory at the end of Q3: Direct materials inventory: Plastic Rubber Finished goods (album) Unit 300 m 270 m 20 Value in IDR 12.000.000 8.100.000 3.000.000 Kyungsoo Co. predicts that it will sell 3.650 photo albums at the price of Rp150.000 in Q4. The following information are the target inventory level at the end of Q4 (December): Direct materials inventory: Plastic Rubber Finished goods (album) The prediction for the costs in Q4 are as follows: Plastic Rubber Direct labor Variable overhead cost Administration salary Other fixed costs Sales commission Unit 120 m 150 m 90 5. Direct Manufacturing Labor Cost Budget 6. Manufacturing Overhead Costs Budget 7. Budgeted Unit Costs of Ending Inventory 8. Ending Inventory Budget 9. COGS Budget 10. Income Statement Budget Harga (Rp) 45.000/m 35.000/m 7.500/hour Increases 15% from Q3 10.000.000/month 5.500.000/month 1.5% from sales Required: Create master budget for October - December (Q4) period which consist of: 1. Sales Budget 2. Production Budget 3. Direct Materials Usage Budget in Quantity and IDR 4. Direct Materials Purchases Budget

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Answer To create the master budget for Kyungsoo Co for the October December Q4 period well follow a stepbystep approach to develop each component Sales Budget The sales budget estimates the expected s... View the full answer