6-33 Comprehensive problem with ABC costing. Pet Luggage Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller, Information for the two products for the month of April is given in the following tables: Inventory Information, Direct Materials Pet Luggage accounts for direct materials using a FIF0 cost flow assumption. Sales and Inventory Information, Finished Goods Pet Luggage uses a FIFO cost flow assumption for finished goods inventory. Pet Luggage uses an activity-based costing system and classifies overhead into three activity pools: Setup, Processing, and Inspection. Activity rates for these activities are \$130 per setup-hour, \$5 per machine-hour, and \$20 per inspection-hour, respectively. Other information follows: Nonmanufacturing fixed costs for March equal $32,000, of which half are salaries. Salaries are expected to increase 5% in April. The only variable nonmanufacturing cost is sales commission, equal to 1% of sales revenue. Prepare the following for April: 1. Revenues budget 2. Production budget in units 3. Direct material usage budget and direct material purchases budget 4. Direct manufacturing labor cost budget 5. Manufacturing overhead cost budgets for each of the three activities 6. Budgeted unit cost of ending finished goods inventory and ending inventories budget 7. Cost of goods sold budget 8. Nonmanufacturing costs budget 9. Budgeted income statement (ignore income taxes)