Question

Direct Labor Cost Budget Ace Racket Company manufactures two types of tennis rackets, the Junior and...

Direct Labor Cost Budget

Ace Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for July for the two rackets is as follows:

Junior Pro Striker
Production budget 9,600 units 24,500 units

Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows:

Forming Department Assembly Department
Junior 0.25 hour per unit 0.40 hour per unit
Pro Striker 0.35 hour per unit 0.60 hour per unit

The direct labor rate for each department is as follows:

Forming Department $16.00 per hour
Assembly Department $10.00 per hour

Prepare the direct labor cost budget for July.

Ace Racket Company
Direct Labor Cost Budget
For the Month Ending July 31
Forming Department Assembly Department
Hours required for production:
Junior
Pro Striker
Total
Hourly rate
Total direct labor cost

Homework Answers

Answer #1
Ace Racket Company Direct Labor Cost Budget For the Month Ending July 31
Particulars Basis For Calculation Forming Department Assembly Department
Production 9600 24500
Hours Required ( Junior ) Units Required * Hours per unit
Forming : 0.25*9600
Assembly: 0.40*9600
2400 3840
Hours Required ( Pro ) Units Required * Hours per unit
Forming : 0.35*24500
Assembly: 0.60*24500
8575 14700
Total Hours Department wise 10975 18540
Total Hourly rate 16 10
Total Direct Labour Cost ( Junior) Hourly Rate * Hours Required 175600 185400
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