Please do all parts thank you so muchSolutionNote As per Che

Please do all parts thank you so much!

Note: As per Chegg Only 4 part can be solved . However, solution for 7 part provided , and left remaining due to time constraint . kindly upload rest of the part seperately.

Schedule of cash collections:

	January	February	March	Total
Budgeted Sales	80100	89100	82800	252000
Cash sales @30%	24030	26730	24840	75600
Collections from credit sales:
December sales	53000			53000
January sales		56070		56070
February sales			26730	26730
Total Cash collections	77030	82800	51570	211400

2. Production Budget

	January	February	March	Total
Unit Sales	80100	89100	82800	252000
Add: Desired ending inventory	8910	8280	8550	8550
(10% of the next month\'s sale)
Unit require	89010	97380	91350	260550
Less: Beginning inventory	8010	8910	8280	8010
Budgeted Production	81000	88470	83070	252540

3. Direct material budget
	January	February	March	Total
Budgeted Production	81000	88470	83070	252540
Direct material per unit (pounds)	2	2	2	2
Direct material required for production	162000	176940	166140	505080
Add: Desired Ending inventory	35388	33228	33876	33876
(20% of net month\'s requirement)
Material Require	197388	210168	200016	538956
Less: Beginning Inventory	32400	35388	33228	32400
Budgeted direct material purchases (units)	164988	174780	166788	506556
Cost per unit	1.5	1.5	1.5	1.5
Direct material purchases	247482	262170	250182	759834

4. Schedule of payments
	January	February	March	Total
Direct material purchases	247482	262170	250182	759834
Payments for :
December purchases	43000			43000
January purchses	49496.4	197985.6		247482
February purchases		52434	209736	262170
March purchases			50036.4	50036.4
Payments for direct material purchases	92496.4	250419.6	259772.4	602688.4

5. Direct labor budget
	January	February	March	Total
Budgeted production	81000	88470	83070	252540
Direct labor hour per unit	0.03	0.03	0.03	0.03
Direct labor hours	2430	2654.1	2492.1	7576.2
Direct labor rate per hour	13	13	13	13
Direct labor cost	31590	34503.3	32397.3	98490.6

6. Manufacturing overhead budget
	January	February	March	Total
Budgeted production	81000	88470	83070	252540
Variable overhead rate per unit	1.4	1.4	1.4	1.4
Variable overhead cost	113400	123858	116298	353556
Fixed overhead:
Factory Rent	6500	6500	6500	19500
Other fixed overheads	2900	2900	2900	8700
Total fixed overhead	9400	9400	9400	28200

Total manufacturing overhead	122800	133258	125698	381756

7. Operating expenses budget
	January	February	March	Total
Budgeted unit sales	80100	89100	82800	252000
Variable operating expeses per unit	1.2	1.2	1.2	1.2
Variable overhead expenses	96120	106920	99360	302400
Fixed operating expenses	1400	1400	1400	4200
Total operating expenses	97520	108320	100760	306600

Please do all parts thank you so much!SolutionNote: As per Chegg Only 4 part can be solved . However, solution for 7 part provided , and left remaining due to

Please do all parts thank you so muchSolutionNote As per Che

Solution

Get Help Now

Submit a Take Down Notice