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Langley Batting Company
Production Budget
For the Quarter Ended March 31, 2019
		Youth	Adult
		Bats	Bats	Total
Plus:
Total bats needed
Less:
Budgeted bats to be produced

Requirement 3. Prepare Langley's direct materials budget, direct labor budget, and manufacturing overhead budget for the first quarter of

2019.

Round the predetermined overhead allocation rate to two decimal places. The overhead allocation base is direct labor hours.

Begin by preparing the direct materials budget.

Langley Batting Company
Direct Materials Budget
For the Quarter Ended March 31, 2019
		Youth	Adult
		Bats	Bats	Total
Direct materials per bat (ounces)
Direct materials needed for production
Plus:
Total direct materials needed
Less:
Budgeted purchases of direct materials
Direct materials cost per ounce
Budgeted cost of direct materials

Prepare the direct labor budget. (Enter any hours per unit amounts to two decimal places, X.XX.)

Review the production budget you prepared above.

Langley Batting Company
Direct Labor Budget
For the Quarter Ended March 31, 2019
		Youth	Adult
		Bats	Bats	Total
Direct labor hours needed for production
Budgeted direct labor cost

Prepare the manufacturing overhead budget. (Enter any per unit amounts to two decimal places, X.XX. Abbreviations used: VOH = variable manufacturing overhead; FOH = fixed manufacturing overhead.)

Review the production budget you prepared above.

Review the direct labor budget you prepared above.

Langley Tire Company
Manufacturing Overhead Budget
For the Quarter Ended March 31, 2019
		Youth	Adult
		Bats	Bats	Total
VOH cost per bat
Budgeted VOH
Budgeted FOH
Depreciation
Insurance and property taxes
Total budgeted FOH
Budgeted manufacturing overhead costs
Direct labor hours
Budgeted manufacturing overhead costs
Predetermined overhead allocation rate

Requirement 4. Prepare Langley's cost of goods sold budget for the first quarter of 2019.

Before preparing the cost of goods sold budget, calculate the projected manufacturing cost per bat for 2019. (Round all amounts to the nearest cent.)

	Youth Bats	Adult Bats
Total projected manufacturing cost per bat for 2019

Now prepare the cost of goods sold budget.

Review the sales budget you prepared above.

Review the production budget you prepared above.

Langley Batting Company
Cost of Goods Sold Budget
For the Quarter Ended March 31, 2019
	Youth	Adult
	Bats	Bats	Total
Bats produced and sold in 1st quarter of 2019
Total budgeted cost of goods sold

Requirement 5. Prepare Langley's

selling and administrative expense budget for the first quarter of

20192019.

Review the sales budget you prepared above.

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Langley Batting Company
Selling and Administrative Expense Budget
For the Quarter Ended March 31, 2019
Total budgeted selling and administrative expense

Requirement 5. Prepare Langley's selling and administrative expense budget for the first quarter of 2010 Review the sales budget you prepared above. Langley Batting Company Selling and Administrative Expense Budget For the Quarter Ended March 31, 2019 Total budgeted selling and administrative expense Requirement 5. Prepare Langley's selling and administrative expense budget for the first quarter of 2010 Review the sales budget you prepared above. Langley Batting Company Selling and Administrative Expense Budget For the Quarter Ended March 31, 2019 Total budgeted selling and administrative expense

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