11 Chapter 14 Due 12th of June 15.00 Question 2, Problem 14.3.11 Part 1 of 7 The Saki Company manufactures and sells two products: Thingone and Thingtwo. In July, last year, Saki's budget department gathered the following data to prepare (Click the icon to view the budget data.) (Click the icon to view the actual and projected direct materials data.) (Click the icon to view the projected direct manufacturing labour data.) Manufacturing overhead is allocated at the rate of 21 per direct manufacturing labour-hour. Read the requirements. HW Score: 0%. D of 100 naints Data table This year Projected Sales Product Units Price Thingone 69,000 174 Data table Thingtwo 42,000 250 This year Inventories in Units Expected Target Requirement 1. Prepare the revenues budget (in euros). (Fill in the relevant Saki Company The following direct materials are used in the two products: Amount Used per Unit Revenue Budget for this year Direct Material Unit Thingone Thingtwo Product Thingone Thingtwo January 1, this year December 31, this year 26,000 9,000 31,000 10,000 Units Thingone Thingtwo Budgeted revenues Price Total A lb 5 6 B lb 3 each 0 4 2 Print Done Projected data for this year with respect to direct materials are as follows: Direct Material Anticipated Purchase Expected Inventories Target Inventories A Price 13 January 1, this year December 31, this year 35,000 lb 38,000 lb Data table B 6 30,000 lb 34,000 lb 3 7,000 units 10,000 units Projected direct manufacturing labour requirements and rates for this year are as follows: Product Thingone Hours per unit Rate per Hour 3 13 Print Done Thingtwo 4 17