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Prepare NuFloor manufacturing cost budget

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Reference no: EM133013799

Question - NuFloor Manufacturing produces floor tiles. The managers at NuFloor are trying to develop budgets for the upcoming quarter. The following data have been gathered for a particular tile design.

Projected unit sales 1,960 cases

Selling price per case $240

Inventory at the beginning of the quarter 150 cases

Target inventory at the end of the quarter 100 cases

Direct labor hours needed to produce one case 2 hours

Direct labor wages $10 per hour

Direct material cost per case $8

Variable manufacturing overhead cost per case $6

Fixed overhead costs for the upcoming quarter $220,000

Required -

a. Using this information, develop NuFloor's sales forecast in dollars and its schedule of production in units.

b. What is NuFloor's budgeted variable manufacturing cost per case?

c. Prepare NuFloor's manufacturing cost budget.

d. What is the projected ending inventory value for this particular tile design?

Reference no: EM133013799

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