REQUIREMENTS: Prepare, in good form, a Master Budget which includes the followin
ID: 2525511 • Letter: R
Question
REQUIREMENTS: Prepare, in good form, a Master Budget which includes the following: 1 Sales Budget 2) Production Budget 3) 4) 5 Factory Overhead Cost Budget 6) Direct Materials Purchases Budget Direct Labour Cost Budget Cost of Goods Sold Budget Selling and Administrative Expenses Budget Budgeted Income Statement Schedule of Collections from Sales Schedule of Payments for Manufacturing Costs 7) 8) 9) 10) Budgets should be for the individual three (3) months of the first quarter of 2019. Include a quarterly total column on the right side. (except for #6 and #8). Budgets #6 and #8 are for the first quarter only. Each budget/requirement should be in a separate tab within one spreadsheet. All pages should be in portrait format using the same font. Please staple your printed copy in the upper left corner. Do not put the sheets into plastic or a binder. Treat this as you would any other professional document you are presenting to a client or employer. Use proper rounding and show two (2) decimal places of accuracy on dollar amounts. Round up and show whole amounts on all other figures. (Hint) Excel provides functions for rounding: -ROUND(your formula, 2) ROUNDUP(your formula,o)Explanation / Answer
1.
2.
3.
4.
Per Chegg guidelines, 4 sub-parts have been answered.
Bottas Manufacturing, Inc. Sales Budget For 1st Quarter of 2019 January February March Quarter Budgeted sales units 7450 7090 8320 22860 Selling price per unit $ 59.99 59.99 59.99 59.99 Budgeted sales $ 446925.50 425329.10 499116.80 1371371.40Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.