Buogeted income Statement and fupportang Busigets the budgeted income watu ment for March. b. Estimated inyenturies at Mafchi: c. Deired imentories at March 31 ! Direct materi 4 y: Plastic Foum lining: 5016. File Finished procucts: Batting heimet 50 units at $25 per unit 2 more Cheok My Work vses remaring Football heimet 220 units at 178 per unit d. Direct materials used in productiont in tssiutacture ef batting heimet: Plastic 4,20bb, per unit of produet Foam lining 0.50 ib. per unt of product In manufacture of fookbail heimet. Matic 3.50fb. per anit of product foam lining 1,50 ibi per unit of product 7. Antiopated cost of purchases and beginning and ending inventory of direct materiaist Piastic: 16.00 per ib. Foam Ining 14,00 per lb. f. Direct labor requkements: Batting helmet: Mokting Department 0.20 hr: at $20 per tre Aasembly Departrent 0.90 he, at $14 per hr. Foctball helmet: Molding Departmert - 0.50hr. at $20 per hr. Assembly Department 1.50 his at 514 per hre 4. Estimated factery overtiead costs for Marcht Indirett factory wages $56,000 Depreciation of plant and equipment Rower and light Insurance and prooerty tax h. Euimated operabing expenses for Mareh: sales salaries expense Advertising expense Orfice salaries expense Deoreciation wxpense-- office equloment Telephane expense-seiling Telephane expense-administrative Travel expense-seiling Office supplies expense Miscellaneous administrative-expense 8164,300 117,200 32,400 3,000 5,600 1,700 9,000 1,100 1,000 1. Estimated other income and expense for March: Interest reverue Interest expense f. Eitimated tax rabei 30% Required: 1. Prepare a sales budget for March. Gold Medal Athietic Co. Sales Budget 2. Prepare a production budget for March. Gold Medal Athletic Co. Production Budget For the Month Ending March 31 3. Prepare a tiresi maternais purchases budiget fer March. Diract Mater 2 more Chesk My Work utes remaning 4. Frepare a direct isbor coit bugges for Morch. Gold Medal Athletic Co. Direct Labar Cost budget For the Month Ending March 31 4. Prepare a dirsct labor cost bodget for March. Gold Medal Athletic Co. Direct Labor Cost Budget For the Month Ending March 31 5. Prepare a factory oyerteded cost budget for March. 5. Prepare a factary dyerhead cost buaget for Mareh. 6. Prepare a cont of gonds sola budgetkor March. Work 2 more Conck My Wox uses temainng Dietect ifiterials: Jutal minifaming costri Tbtal wotk in arecece during the periogh cost qu gooda mamufactured Cout de fininhed goodis ayadable for iale Ceast of goods sout Eicke Pyy Work? 2 more Check My Work utase ienting Al wark aved. Asiannment Score: 34.21% 7. Prepare a seiling and admin strative expenses Evdect for Harch. 8. Prepare a budgeted income statement for March, 2 more Check My Work usks remaining
