Question

Maple Inc. produces wooden boxes. The production budget for the next four months is: July 15,600...

Maple Inc. produces wooden boxes. The production budget for the next four months is: July 15,600 units, August 17,300, September 17,800. Each box requires three skill levels: 1.1 hours of unskilled labor (paid $11 per hour), 1.6 hours of semi-skilled labor (paid $11) and 1.8 hours of skilled labor (paid $14 per hour).


Required:
Prepare a labor budget for the three months July – September. Provide the labor requirements according to skill level in hours and in labor cost as well as in total. Provide the budget monthly as well as a total for the quarter.
July August September Total
Production 0
Unskilled Hours 0
Semiskilled 0
Skilled 0
Total Labor Hours 0
Unskilled Cost $0
Semiskilled 0
Skilled 0
Total Labor Cost $0
Business   Accounting   
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Homework Answers

Answer #1
July August September Total
Production 15600 units 17300 units 17800 units 50700 units
Unskilled labour cost (1.1 * 15600 * 11) =188760    (1.1 * 17300 * 11) = 209330 (1.1 * 17800 * 11) =215380 613470
Semi skilled labour cost (1.6 * 15600 * 11) =299520 (1.6 * 17300 * 11) = 304480 (1.6 * 17800 * 11) =313280 917280
Skilled labour cost (1.8 * 15600 * 12) = 336960 (1.8 * 17300 * 12) = 373680 (1.8 * 17800 * 12) =384480 1095120
Total labour cost for the quarter 825240 887490 913140 2625870
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