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2 of 4 (2 complete) Vang Batting Company manufactures wood baseball bats. Vangs two primary products are youth designed for children and young gned for

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2 of 4 (2 complete) Vang Batting Company manufactures wood baseball bats. Vangs two primary products are youth designed for children and young gned for high school and college-aged players. Vang sells the bats to sporting goods stores and all sales are on account. The youth bat ember Vang's highest is firstuhree months auhe MeaLas pare fauthe spring Vang's b 31, 2016, follows: (click the icon to view the balance More Info er data for Vang Batting Company (Click the icon to view the other d a. Budgeted sales are 1,500 youth bats and 3,400 adult bats. ad the requirements. b. Finished Goods Inventory on December 31 consists of 400 youth bats at$16 each and 850 adult bats at $19 each. quirement 5. Prepare Vang's sellin c. Desired ending Finished Goods Inventory is 200 youth bats and 320 adult bats; FIFO inventory costing method is used. view the sales budget you prepared d. Direct materials cost is $10 per youth bat and$11 per adult bat. Vang Batting C e. Desired ending Raw Materials Inventory is $14,000 (indirect materials are insignificant and not considered for budgeting purposes) Selling and Administrativ f. Each bat requires 0.2 hours of direct labor, direct labor costs average $12 per hour For the Quarter Ended g. Variable manufacturing overhead is $0.30 per bat h. Fixed manufacturing overhead includes $400 per quarter in depreciation and $851 per quarter for other costs, such as insurance and property taxes i. Fixed selling and administrative expenses include $10,000 per quarter for salaries; $6,000 per quarter for rent: 0 per quarter for insurance; and $400 per quarter for depreciation. j variable selling and administrative expenses include supplies at 4% of sales Total budgeted selling and administra Print Done choose from any list or enter any nu

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