Question 4

Please show how you get all numbers so I understand how to do the problem!

Estimated unit sales Sales price per unit Direct labor hours per unit Wage per direct labor hour January February March April May 10,900 11,200 8,800 8,500 8,600 $50.40 $47.30 $47.30 $47.30 $47.30 2.0 2.0 1.6 1.6 1.6 $7 $7 $7 $8 $8 Lowell has a labor contract that calls for a wage increase to $8 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Lowell expects to begin the year with 15,380 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 40% of the second following month's sales. Prepare a production budget for Lowell Company by month and for the first quarter of the year. LOWELL COMPANY Production Budget Feb Mar Total e Textbook and Media Prepare a direct labor budget for Lowell Company by month and for the first quarter of the year. The direct labor budget should include direct labor hours. (Round Direct labor hours per unit answers to 1 decimal place LOWELL COMPANY Direct Labor Budget Jan Feb Total