Budgeted Incone Statement and supporting budgets

Prepare a direct labor cost budget for July. lises budget for July. PR 21-3A Budgeted income statement and supporting budgetsf th controller eveloping Obj. 4 rect labor brication $29,216 The budget director of Feathered Friends Inc., with the ass production manager, and sales ma the budgeted income statement December A. Estimated sales for December t for December nered the following data for use in developing Bird house EL TEMPLATE 3,200 units at $50 per unit 3,000 units at $70 per unit B. Estimated inventories at December 1 Direct materials: Finished products Wood Plastic..240 lbs. 200 ft. Bird house 320 units at $27 per unit C. Desired inventories at December 31: Bird feeder.270 units at $40 per unit Direct materials: Finished products: Wood 220 ft. 290 units at $27 per unit 250 units at $41 per unit Bird house D. Direct materials used in production: In manufacture of Bird House: In manufacture of Bird Feeder Wood Plastic 0.80 ft.per unit of product .. 0.50 lb. per unit of product Wood 1.20 ft. per unit of product Plastic.... E. Anticipated cost of purchases and beginning and ending inventory of direct materials: Wood $7.00 per ft. tic. .. $1.00 per lb. F. Direct labor requirements: Bird House: Fabrication Department Assembly Department 0.20 hr. at $16 per hr. ..0.30 hr at $12 per hr. Bird Feeder Fabrication Department. Assembly Department. .0.40 hr, at $16 per hr. 0.35 hr.at $12 per hr. G. Estimated factory overhead costs for December Depreciation of plant and equipment 23,000 H. Estimated operating expenses for December: Power and light Insurance and property tax $6,000 5,000 $75,000 Indirect factory wages Sales salaries expense Advertising expense Office salaries expense $70,000 18,000 21,000 Depreciation expense-office equipment600 Telephone expense-selling Telephone Travel expense-selling Office supplies expense Miscellaneous administrative expense 550 250 4,000 200 400 expense-administrative