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Bonita Company is preparing its budgeted income statement for 2022 Relevant data pertaining to its sales, production, and direct. materiak budgets are as follows Sales.

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Bonita Company is preparing its budgeted income statement for 2022 Relevant data pertaining to its sales, production, and direct. materiak budgets are as follows Sales. Sales for the year are expected to total 1,160,000 units, Quarterly sales are 21%,27%,27% and 25%, respectively. The unit welling price is expected to be $42 for the first three quarters and $44 beginning in the fourth quarter. Sales in the first quarter of 2023 are expected to be 10% higher than the budgeted sales for the first quarter of 2022 . Production Management desires to maintain the ending finished goods inventories at 20% of the next quarter's budgeted sales volume. Direct materlals. Each unit requlres 2 pounds of raw materials at a cost of 511 per pound. Management desires to maintain raw materials imentories at 10x of the next quarter's production requifements. Assume the production requirements for first quarter of 2023 are 522000 pounds: Bonita budgets 04 hours of direct labor per unit, labor costs at $12 per hour, and manufacturing overhead at $18 per direct labor hour, its budgeted selling and administrative expenses tor 2022 are $6,960,000. Calculate the budgeted total unit cost. (Round answer to 2 decimal places, eg. 12.25.) Total unit cost eTextbook and Media Attempts: 0 of 3 used

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