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Budgeted Direct Materials Cost Per UNIT $ 15.00 Budgeted Direct Manufacturing Labor Per UNIT $ 10.00 Budgeted Manufacturing Overhead Per UNIT $ 5.00 IN
Budgeted Direct Materials Cost Per UNIT $ 15.00 Budgeted Direct Manufacturing Labor Per UNIT $ 10.00 Budgeted Manufacturing Overhead Per UNIT $ 5.00 IN ADDITION TO ABOVE USE THE FOLLOWING: This is Next Year's Budgeted Data for XYZ Budgeted Sales Price Per UNIT $ 20.00 Budgeted Sales - UNITS 105,000 Units Target Ending Finished Goods Inventory in UNITS Target Beginning Finished Goods Inventory in UNITS Target Ending Direct Materials Inventory in UNITS 92,500 Units 91,850 Units 98,500 Units 96,500 Units Target Beginning Direct Materials Inventory in UNITS Note: It takes one unit of direct materials to make one production unit. WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCT: 1) How many units should be produced next year? Record your answer here 2) What is the dollar amount budgeted for direct material purchased for next year? Record your answer here 3) What is the Budgeted Revenues for next year. Record your answer here *
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