Waterways 9 - Theresa Grela Waterway 9 A Sales Budget...

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Theresa Grela Waterway 9 A) Sales Budget January February March Quarter Totals Units 114,000 113,500 116,000 343,500 Selling Price $ 12.00 $ 12.00 $ 12 $ 12 Total $ 1,368,000 $ 1,362,000 $ 1,392,000 $ 4,122,000 B) Production Budget January February March April Sales 114,000 113,500 116,000 126,000 (add) Desired Ending Inventory 11,350 11,600 12,600 13,850 Total Needs 125,350 125,100 128,600 139,850 (minus) Beginning Inventory 10,310 11,350 11,600 12,600 Required Production 115,040 113,750 117,000 127,250 C) Direct Materials Budget January February March Quarter Required Production 115,040 113,750 117,000 345,790 Materials Per Unit (pounds) 2 2 2 2 Production Needs 230,080 227,500 234,000 691,580 (add) Desired Ending Inventory 11,375 11,700 12,725 12,725 Total Needed 241,455 239,200 246,725 704,305 (minus) Beginning Inventory 12,072 11,375 11,700 12,072 Materials to be purchased 229,383 227,825 235,025 692,233 $ lb 0.75 0.75 0.75 0.75 Required Purchase 172,037 170,869 176,269 519,175 D) Direct Labor Budget January February March Required Production 115,040 113,750 117,000 0.12 0.12 0.12 Hours 13805 13650 14040 $1 Hr $ 18 $ 18 ### $ 248,490 $ 245,700 $ 252,720 E) Manufacturing Overhead Budget January February March Budgeted DLH 13805 13650 14040
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Variable Costs Indirect Materials 0.30 $ 4,142 $ 4,095 $ 4,212 Indirect Labor 0.50 $ 6,903 $ 6,825 $ 7,020 Utilities 0.45 $ 6,212 $ 6,143 $ 6,318 Maintenance 0.25 $ 3,451 $ 3,413 $ 3,510 Total Variable Costs $ 20,708 $ 20,475 $ 21,060 Fixed Costs Salaries $ 52,000 ### $ 52,000 Depreciation $ 16,800 ### $ 16,800 Property Taxes $ 2,675 ### $ 2,675 Insurance $ 2,200 ### $
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