The budget director for Bird House Unlimited, Inc., has gathered the following data for use in developing the budgeted income statement for November 20XX.
Estimated sales for November
Bird House
29,000
units
at
$33
per unit
Bird Feeder
25,000
units
at
$37
per unit
Direct materials
Estimated inventories at November 1(beginning)
Wood
2600
feet
Plastic
3200
pounds
Estimated inventories at November 30th(ending)
Wood
3500
feet
Plastic
2800
pounds
Direct materials used in production:
In the manufacture of a Bird House:
Wood
0.80
feet per unit of product
Plastic
0.50
pounds per unit of product
In the manufacture of a Bird Feeder:
Wood
1.20
feet per unit of product
Plastic
0.75
pounds per unit of product
Estimated cost of direct materials
Wood
$6.00
per feet
Plastic
$0.90
per pound
Work in process-given in total of the 2 products
Estimated inventories at November 1(beginning)
$2,000
Estimated inventories at November 30th(ending)
$3,000
Finished Goods
Estimated inventories at November 1(beginning)
Bird House
4,000
units
at
$13
per unit
Bird Feeder
2,500
units
at
$14
per unit
Estimated inventories at November 30th(ending)
Bird House
5,000
units
at
$13
per unit
Bird Feeder
2,000
units
at
$14
per unit
Direct Labor Requirements:
Bird House
Fabrication Department
0.25
hour
at
$15
per hour
Assembly Department
0.3
hour
at
$12
per hour
Bird Feeder
Fabrication Department
0.45
hour
at
$15
per hour
Assembly Department
0.35
hour
at
$12
per hour
Estimated Manufacturing Overhead Costs for November
