http://exp.cengage com/activityservicerun/btmlS/handler jspfid-51bb. Budgeted In
ID: 2510899 • Letter: H
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http://exp.cengage com/activityservicerun/btmlS/handler jspfid-51bb. Budgeted Income Statement and Supporting Budgets The budget director of Feathered Friends Inc., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for December: a. Estimated sales for December: Bird house Bird feeder 3,200 units at $50 per unit 3,000 units at $70 per unit nu ore bon b. Estimated inventories at December 1: Direct materials 200 ft. 240 Ibs. e 0852 an 04 Finished products: Bird house Bird feeder 320 units at $27 per unit 270 units at $40 per unit c. Desired inventories at December 31 Direct materials: 220 ft. 200 lbs. Finished products Bird house Bird feeder 290 units at $27 per unit 250 units at $41 per unit d. Direct materials used in production: In manufacture of Bird House: 0.80 ft. per unit of product 0.50 lb. per unit of product In manufacture of Bird Feeder: 1.20 ft. per unit of product 0.75 lb. per unit of product Plastic cost of purchases and beginning and ending inventory of direct materials $7.00 per ft. $1.00 per lb. f. Direct labor requirements: abuboiq bartain Bird House Fabrication Department 0.20 hr. at $16 per hr. 0.30 hr. at $12 per hr Bird Feeder Fabrication Department Assembly Department 0.40 hr. at $16 per hr ea to gnurtiounsm nt 0.35 hr. at $12 per hr. g. Estimated factory overhead costs for December: Indirect factory wages Depreclation of plant and equipment $75,000 23,000Explanation / Answer
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Fethered Friend Inc. Sales Budget For the month ended December31 Particulars Unit Sales Unit Selling Price Total Sales Bird House 3200 $50.00 $160,000.00 Bird Feeder 3000 $70.00 $210,000.00 Total Revenue $370,000.00Related Questions
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