Ikeu Dwi Pujiyanti

1611070027

a Revenue Budget Unit sold Selling Prices

Knight Blanket 120 $ 150
Raiders Blanket 180 $ 175

b Production Budget in unit

Knight Blanket Raiders Blanket
Budgeted Unit sales 120 180
add: budgeted ending finished good inventory 20 25
Total 140 205
Deduct : beginning finished good inventory 10 15
Budgeted Production 130 190

c Direct Material usage

Red wool Black Wool
Knight Blanket
1 Budgeted input per finished good input 3 -
2 Budgeted Production 130 -
3 Budgeted usage 390 -

Rider Blanket
4 Budgeted input per finished good input - 3
5 Budgeted Production - 190
6 Budgeted usage - 627
7 Total 390 627

Direct Material Cost Budget

8 Beginning inventory 30 10
9 Unit price $ 8 $ 10
10 Cost of direct material from beginning $ 240 $ 100
11 Material to be used from purchased 360 617
12 Cost of DM in march $ 9 $ 9
13 Cost of DM purchased and used in march $ 3,240 $ 5,553
14 Direct material to be used $ 3,480 $ 5,653

Direct Material Purchases Budget

Red wool Black Wool
Budgeted usage 390 627
Add: Target Inventory 20 20
 Total 410 647
Deduct : Beginning Inventory 30 10
Total Material Purchases 380 637
Purchases Price $ 9 $ 9
Total Purchases $ 3,420 $ 5,733

d Direct Manufacturing labor budget Budgeted unit cost Labor hour/unit

Knight Blanket 130 1.5
Rider Blanket 190 2

e Manufacturing FOH Budget

Variable FOH cost $ 8,625
Fix Manufacturing Cost $ 9,200
Total Manufacturing FOH cost $ 17,825

FOH manufacturing/hour $ 31
Fix Manufacturing FOH/hour $ 16

f Computation of unit cost of ending inventory

Knight Blankets Raiders Blanket
Direct Material
- Red wool $ 27.00 $ -
- Black wool $ - $ 29.70
- Knight Logo Patches $ 6.00 $ -
- Raiders Logo Patches $ - $ 7.00
Direct Manufacturing Labor $ 39.00 $ 52.00
Manufacturing FOH
- Variabel $ 22.50 $ 30.00
- Fixed $ 24 $ 32
Total Manufacturing Cost $ 118.50 $ 150.70

Ending Inventory Budget Cost/unit Unit

Direct Material
- Red wool $ 9 20
- Black wool $ 9 20
- Knight Logo Patches $ 6 20
 - Raiders Logo Patches $ 7 20

Finished Good
- Knight Blanket $ 118.50 20
- Rider Blanket $ 150.70 25

Total

f Cost of good sold

Beginning finished good inventory (1 maret)
Direct Material used $ 11,133
Direct Manufacturing labor $ 14,950
Manufacturing FOH $ 17,825
Cost of good Manufacture
Cost of good avail for sale
Deduct ending inventory
Cost of Good sold
Budgeted Revenue
$ 18,000
$ 31,500
$ 49,500

Knight Logo Patches Raider Logo Patches Total

1 -
130 -
130 -

- 1
- 190
- 190
130 190

40 55
$ 6 $ 5
$ 240 $ 275 $ 855
90 135
$ 6 $ 7
$ 540 $ 945 $ 10,278
$ 780 $ 1,220 $ 11,133

Knight Logo Patches Raider Logo Patches Total

130 190
20 20
 150 210
40 55
110 155
$ 6 $ 7
$ 660 $ 1,085 $ 10,898

Total Hours Rate Total

195 $ 26 $ 5,070
380 $ 26 $ 9,880
575 $ 14,950

Total

$ 180
$ 180
$ 120
$ 140
$ 620

$ 2,370
$ 3,768
$ 6,138
$ 6,758

$ 3,445

$ 43,908
$ 47,353
$ 6,138
$ 41,216