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ty Horne-BankMobile,?UltiPro M Gmail w Equifax portal ? Povera" tiPro M Gmail W Equifax portal ini Linkedlo office email r-rice Power Bill trkedin Orders- WiriteMyPapCapital One alue 10.00 points Required Information (The following information applies to the questions displayed below/ Morganton Company makes one product and It provided the following information to help 10. What is the match the hours required to produce the forecasted number of units produced? total estimated direct labor cost for July assuming the direct labor workforce is adjusted to prepare the master budget for its first four months of a The budgeted seling price per unt is $70, Budgeted uni sales for June, July, August and September are 9,100, 22,000, 24,000, and 25,000 units, respectively All sales are on eBook & Resources credit b Forty percent of credit sales are collected in the month ot the sae and 6 in the following month C The ending finished goods inventory equals 20% of the following month's unit sees d The ending raw materials inventory equals 10% or the following month's raw, materials cash disbursemenproduction needs. Each unit of nnished goods requires 4 pounds of raw materials. The et, Including a sch expected raw materlals cost $2.50 per pound e. Forty percent of raw materiais purchases are paid for in the month of purchase and 60 f. The direct labor wage rate is $12 per hour. Each unit of finished goods requlres two direct g. The variable selling and administrative expense per unit sold is S1.70. The toxed selling e of expected cash collections in the following month et labor-hours and administrative expense per month is $61000 734 PMExplanation / Answer
Production units in july = 22000+(24000*20%)-(22000*20%) = 22400 units
Direct labour cost = 22400*2*12 = 537600
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