Direct labor cost budget Rip Court Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows: Junior Pro Striker Production budget 4,300 units 9,400 units Both rackets are produced in two departments, Forming and Assemibly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department Junior 0.15 hour per unit 0.25 hour per unit Pro Striker 0.20 hour per unit 0.40 hour per unit The direct labor rate for each department is as follows: Forming Department $17 per hour Assembly Department $11 per hour This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Prepare the direct labor cost budget for March. Rip Court Racket Company Direct Labor Cost Budget For the Month Ending March 31 Forming Assembly Department Department Hours required for production: Junior Pro Striker Total hours required Hourly rate Total direct labor cost

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 12E: Direct labor cost budget Ace Racket Company manufactures two types of tennis rackets, the Junior and...
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Direct labor cost budget
Rip Court Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows:
Junior
Pro Striker
Production budget
4,300 units
9,400 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
0.15 hour per unit
0.25 hour per unit
Pro Striker
0.20 hour per unit
0.40 hour per unit
The direct labor rate for each department is as follows:
Forming Department
$17 per hour
Assembly Department
$11 per hour
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.
Open spreadsheet
Prepare the direct labor cost budget for March.
Rip Court Racket Company
Direct Labor Cost Budget
For the Month Ending March 31
Forming
Assembly
Department
Department
Hours required for production:
Junior
Pro Striker
Total hours required
Hourly rate
Total direct labor cost
Transcribed Image Text:Direct labor cost budget Rip Court Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows: Junior Pro Striker Production budget 4,300 units 9,400 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 0.15 hour per unit 0.25 hour per unit Pro Striker 0.20 hour per unit 0.40 hour per unit The direct labor rate for each department is as follows: Forming Department $17 per hour Assembly Department $11 per hour This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Prepare the direct labor cost budget for March. Rip Court Racket Company Direct Labor Cost Budget For the Month Ending March 31 Forming Assembly Department Department Hours required for production: Junior Pro Striker Total hours required Hourly rate Total direct labor cost
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