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3. Black River Company is preparing its annual budget for the year ending December 31, 2016. Its accounting department provided the following data. Product Lime
3. Black River Company is preparing its annual budget for the year ending December 31, 2016. Its accounting department provided the following data. Product Lime Flavored Non-Alcoholic Beer Sales Budget: Anticipated volume in 400,000 bottles units Unit Selling Price $3.75 Production Budget: Desired ending finished goods units 3,000 bottles Beginning Finished Goods units 5,000 bottles Direct Materials Budget: Direct Materials per unit (Pounds) 1.5 Desired Ending Direct 3,500 Materials in pounds Beginning Direct Materials in Pounds 6,000 $.65 Cost per Pound Direct Labor Budget: Direct Labor Hours Per Unit Direct Labor Rate Per $9.95 Hour Budgeted Income Statement: Total Unit Cost $2.15
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