1) Prepare the budgeted unit cost of finished good and ending inventories budget

2) Prepare the cost of goods sold budget.

3) Prepare the non-manufacturing overhead costs budget for marketing and distribution.

4) Prepare a budgeted income statement (ignore income taxes).

Input prices Direct materials Wood Glass $5.30 per board metre $11.5 per sheet $14 per direct manufacturing labour-hour Direct manufacturing labour Input quantities per unit of output Chairs Tables Direct materials Wood 1.2 board metres 1.7 board metres 2 sheets Glass Direct manufacturing labour Machine-hours (MH) 3 hours 2 MH 6 hours 5 MH Inventory information, direct materials Beginning inventory Target ending inventory Wood 27 200 board metres 29 360 board metres Glass 8700 sheets 500 sheets