Question 1 For Gundy Company, units to be produced are 5,440 in quarter 1 and 6,

Question

Question 1 For Gundy Company, units to be produced are 5,440 in quarter 1 and 6,500 in quarter 2. It takes 2.0 hours to make a finished unit expected hourly wage rate is $16 per hour. Prepare a direct labor budget by quarters for the 6 months ending June 30, 2017. GUNDY COMPANY Direct Labor Budget Quarter 2 Six Months Total Pounds Required for Production Units to be Produced Total Materials Required Direct Labor Time Per Unit Total Required Direct Labor Hours Beginning Materials Inventory Cost Per Pound Desired Ending Inventory Direct Materials Per Unit Direct Labor Cost Per Hour Total Cost of Direct Materials Purchases Direct Materials Purchases Total Direct Labor Cost

Explanation / Answer

Direct labour budget :

Quarter 1 Quarter 2 Six months Units to be produced 5440 6500 Labour hour per unit 2 2 Production hours 10880 13000 Rate per hour 16 16 Direct labour cost 174080 208000 382080

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