a. Estimated sales for December: Bird house 3,200 units at $50 per unit 3,000 units at $70 per unit Bird feeder b. Estimated inventories at December 1: Direct materials: Wood 200 ft. Plastic 240 lbs. Finished products: Bird house 320 units at $27 per unit 270 units at $40 per unit Bird feeder c. Desired inventories at December 31: Direct materials: Wood Plastic Finished products: 220 ft. 200 lbs. 290 units at $27 Bird house per unit 250 units at $41 Bird feeder per unit d. Direct materials used in production: In manufacture of Bird House: Wood 0.80 ft. per unit of product 0.50 lb. per unit Plastic of product In manufacture of Bird Feeder: 1.20 ft. per unit Wood of product 0.75 lb. per unit Plastic of product e. Anticipated cost of purchases and beginning and ending inventory of direct materials: Wood $7.00 per ft. Plastic $1.00 per lb. f. Direct labor requirements: Bird House: 0.20 hr. at $16 Fabrication Department per hr 0.30 hr. at $12 Assembly Department per hr. Bird Feeder: Fabrication Department 0.40 hr. at $16 per hr. Assembly Department 0.35 hr, at $12 per hr. $75,000 g. Estimated factory overhead costs for December: Indirect factory wages Depreciation of plant and equipment Power and light 23,000 6,000 5,000 $70,000 18,000 Insurance and property tax h. Estimated operating expenses for December: Sales salaries expense Advertising expense Office salaries expense Depreciation expense-office equipment Telephone expense-selling Telephone expense-administrative Travel expense-selling 21,000 600 550 250 4,000 200 Office supplies expense Miscellaneous administrative expense 1. Estimated other income and expense for December: Interest revenue 400 $200 Interest expense 1. Estimated tax rate: 30% 122 1. Prepare a sales budget for December. Feathered Friends Inc. Sales Budget For the Month Ending December 31 Unit Sales Unit Selling Price Total Sales Volume Bird house Bird feeder Total revenue from sales 2. Prepare a production budget for December. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Feathered Friends Inc. Production Budget For the Month Ending December 31 Units Bird House Bird Feeder 3. Prepare a direct materials purchases budget for December. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Feathered Friends Inc. Direct Materials Purchases Budget For the Month Ending December 31 Wood Plastic Total Required units for production: Bird house Bird feeder Desired units of inventory, December 31 Total units available Estimated units of inventory, December 1 Total units to be purchased Unit price Total direct materials to be purchased