Ayelik Enterprise conducts budget studies for 2020. The entity plans its annual budget in quarterly periods. The sales quantities and prices planned by the business

Ayçelik Enterprise conducts budget studies for 2020. The entity plans its annual budget in quarterly periods. The sales quantities and prices planned by the business for 2020 are as follows.

	Q1	Q2	Q3	Q4
Quantity	150.000	200.000	180.000	240.000
Sale Price	12$	12$	12$	13$

Company does not have semi-finished stocks. Stocks of completed goods at the beginning and end of 2020 are planned to be 40,000 and 30,000. It has been decided that the stock of completed goods at the end of each quarter will meet 25% of the next quarter's sales.

Ayçelik Enterprise uses two different materials for the product it manufactures. These materials are coded as X01 and X02. It is necessary to use 0.5 kg X01 and 2 X02 for one product. End of period stock amounts of these materials are planned to be 30% of the production need of the next period. The end and beginning stocks of these materials for 2020 are planned as follows.

	1.1.2020	31.12.2020	Estimated purchase price
X01	15.000 kg	20.000 kg	4,00 $/kg
X02	60.000 unit	45.000unit	0,80 $/unit

It takes 0.2 direct labor hours to manufacture this product. The labor fee is planned to be 30 $ / hour. In addition, the company plans to load variable general production costs as 0.60 $ each. Fixed overall production cost is calculated as 600.000 $.

Required:

Prepare the 2020 sales, production, direct material, direct labor and overall production cost budgets of the company