Homework Answers
Ans:
| BRIDGEPORT. INC |
| Production Budget |
| For the year ending December 31, 2020 |
| JB 50 | JB60 | |
| Expected Unit Sales | 402,600 | 201,800 |
| Add: Desired ending finished goods inventory | 28,700 | 19,900 |
| Total Required Units | 431,300 | 221,700 |
| Less: Beginning Finished goods inventory | -34800 | -14100 |
| Required Production Units | 396,500 | 207,600 |
Add Answer to:
Product JB 50 Product JB 60 402,600 $23 201,800 $27 19,900 28,700 34,800 14,100 Sales budget: Anticipated volume...
Unit 5 Lab--Principles of Accounting II Problem 24-02A a-e Deleon Inc. is preparing its annual budgets...
Unit 5 Lab--Principles of Accounting II Problem 24-02A a-e Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 402,600 201,800 Unit selling price $23 $27 Production budget: Desired ending finished goods units 28,700 19,900 Beginning finished goods units 34,800 14,100 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 34,800...
1. Prepare the sales budget for the year. 2. Prepare the production budget for the year....
1. Prepare the sales budget for the
year.
2. Prepare the production budget for the year.
3. Prepare the direct materials budget for the year.
4. Prepare the direct labor budget for the year. (Round
Direct labor time per unit answers to 1 decimal place, e.g.
52.5.)
5. Prepare the budegeted multiple-step income statement for the
year. (Note: income taxes are not allocated to the
products).
Ayayai Inc. is preparing its annual budgets for the year ending December 31, 2017....
Problem 22-02A Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020....
Problem 22-02A Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 403,400 $22 201,800 $27 27,500 32,800 17,200 13,800 Sales budget: Anticipated volume in units Unit selling price Production budget: Desired ending finished goods units Beginning finished goods units Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound Direct labor budget:...
Problem 22-02A Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020....
Problem 22-02A Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 403,400 $22 201,800 $27 27,500 32,800 17,200 13,800 Sales budget: Anticipated volume in units Unit selling price Production budget: Desired ending finished goods units Beginning finished goods units Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound Direct labor budget:...
Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to...
Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.7.) DELEON INC. Direct Labor Budget JB 50 JB 60 Total 398300 207700 Direct Labor Time per Unit 0.4 0.6 Total Required Direct Labor Hours 159320 124620 Direct Labor Cost per Hour 12 $ 12 Total Direct Labor Cost 1911840 1495440 $ 3407280 e Textbook and Media Prepare the budgeted multiple-step income statement for the year. (Note: income taxes are...
Problem 9-2A (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending...
Problem 9-2A (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending December 31, 2014. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 402,600 202,200 Unit selling price $22 $28 Production budget: Desired ending finished goods units 28,100 20,000 Beginning finished goods units 32,500 11,100 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 31,200 17,000 Beginning direct materials...
(d) Prepare the direct labor budget for the year. (Round Direct labor time per unit answers...
(d) Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.7.) DELEON INC. Direct Labor Budget For the Year Ending December 31, 2017 JB 50 JB 60 Total Units to be produced Click if you would like to Show Work for this question: Open Show Work Pless N Teprocess your dilswei. Problem 21-2A (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending Dece Pro...
Problem 21-2A (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending...
Problem 21-2A (Part Level Submission)
Deleon Inc. is preparing its annual budgets for the year ending
December 31, 2017. Accounting assistants furnish the data shown
below.
Product
JB 50
Product
JB 60
Sales budget:
Anticipated volume in units
403,400
201,800
Unit selling price
$22
$27
Production budget:
Desired ending finished goods
units
27,500
17,200
Beginning finished goods units
32,800
13,800
Direct materials budget:
Direct materials per unit (pounds)
2
3
Desired ending direct materials
pounds
31,100
17,800
Beginning direct materials...
Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants...
Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 Sales budget: Anticipated volume in units 401,600 203,100 Unit selling price $21 $27 Production budget: Desired ending finished goods units 27,100 17,000 Beginning finished goods units 31,100 13,300 Direct materials budget: Direct materials per unit (pounds) 2 3 Desired ending direct materials pounds 33,300 17,600 Beginning direct materials pounds 41,800 12,000 Cost per...
Sheffield Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants...
Sheffield Inc. is preparing its annual budgets for the year
ending December 31, 2017. Accounting assistants furnish the data
shown below.
Product
JB 50
Product
JB 60
Sales budget:
Anticipated volume in units
403,200
203,400
Unit selling price
$22
$28
Production budget:
Desired ending finished goods
units
26,700
19,700
Beginning finished goods units
32,500
11,400
Direct materials budget:
Direct materials per unit (pounds)
2
2
Desired ending direct materials
pounds
34,300
19,500
Beginning direct materials pounds
44,300
11,200
Cost per...
1. Prepare the sales budget for the
year.
2. Prepare the production budget for the year.
3. Prepare the direct materials budget for the year.
4. Prepare the direct labor budget for the year. (Round
Direct labor time per unit answers to 1 decimal place, e.g.
52.5.)
5. Prepare the budegeted multiple-step income statement for the
year. (Note: income taxes are not allocated to the
products).
Ayayai Inc. is preparing its annual budgets for the year ending December 31, 2017....
Problem 22-02A Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 403,400 $22 201,800 $27 27,500 32,800 17,200 13,800 Sales budget: Anticipated volume in units Unit selling price Production budget: Desired ending finished goods units Beginning finished goods units Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound Direct labor budget:...
Problem 22-02A Deleon Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Product JB 50 Product JB 60 403,400 $22 201,800 $27 27,500 32,800 17,200 13,800 Sales budget: Anticipated volume in units Unit selling price Production budget: Desired ending finished goods units Beginning finished goods units Direct materials budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound Direct labor budget:...
Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.7.) DELEON INC. Direct Labor Budget JB 50 JB 60 Total 398300 207700 Direct Labor Time per Unit 0.4 0.6 Total Required Direct Labor Hours 159320 124620 Direct Labor Cost per Hour 12 $ 12 Total Direct Labor Cost 1911840 1495440 $ 3407280 e Textbook and Media Prepare the budgeted multiple-step income statement for the year. (Note: income taxes are...
(d) Prepare the direct labor budget for the year. (Round Direct labor time per unit answers to 1 decimal place, e.g. 52.7.) DELEON INC. Direct Labor Budget For the Year Ending December 31, 2017 JB 50 JB 60 Total Units to be produced Click if you would like to Show Work for this question: Open Show Work Pless N Teprocess your dilswei. Problem 21-2A (Part Level Submission) Deleon Inc. is preparing its annual budgets for the year ending Dece Pro...
Problem 21-2A (Part Level Submission)
Deleon Inc. is preparing its annual budgets for the year ending
December 31, 2017. Accounting assistants furnish the data shown
below.
Product
JB 50
Product
JB 60
Sales budget:
Anticipated volume in units
403,400
201,800
Unit selling price
$22
$27
Production budget:
Desired ending finished goods
units
27,500
17,200
Beginning finished goods units
32,800
13,800
Direct materials budget:
Direct materials per unit (pounds)
2
3
Desired ending direct materials
pounds
31,100
17,800
Beginning direct materials...
Sheffield Inc. is preparing its annual budgets for the year
ending December 31, 2017. Accounting assistants furnish the data
shown below.
Product
JB 50
Product
JB 60
Sales budget:
Anticipated volume in units
403,200
203,400
Unit selling price
$22
$28
Production budget:
Desired ending finished goods
units
26,700
19,700
Beginning finished goods units
32,500
11,400
Direct materials budget:
Direct materials per unit (pounds)
2
2
Desired ending direct materials
pounds
34,300
19,500
Beginning direct materials pounds
44,300
11,200
Cost per...
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