La Ode Muhammad Masudsar

A021181355
“Manufacturing Budget”

Jazz Music Shop, Inc.

Direct Material Budget
December 31, 2015
Budgeted production units 500.00
Materials required per unit $ 0.25
Material units needed for production 125.00
Plus: desired/budgeted ending inventory 450.00
Total material units required 575.00
Less: beginning inventory 125.00
Material units to be purchased 700.00

Material cost per unit $ 22.00

Total cost of direct materials $ 15,400.00

Jazz Music Shop, Inc.

Direct Labor Budget
December 31, 2015
Budgeted production units 500.00
Labor hours required per unit 0.75
Total Labor hours need for production 375.00

Cost per labor hour (Labor rate) $ 15.00

Total cost of direct labor $ 5,625.00
 Jazz Music Shop, Inc.
Factory Overhead Budget
December 31, 2015
Budgeted production units 500.00
Estimated variable factory overhead rate $ 1.25
Budgeted variable overhead 625.00
Budgeted fixed overhead 250.00
Budgeted total overhead $ 875.00