But Miest Buddies The projectes ganes bidon pres.com Mange part of this propel the need in the sum Ungtone, per the following whiteshing and was Sole Production Production De Marche Diretor Budget Mang Overduet Sales The Tech Company weather Radies the 2016 eneste proces Ich www Marter, Another that oceda de production for water 10.000 Prostitution The company product requires two wond witches Ciseas Our Quarter 9.500 HO 100 Number of Companies Sus How 2 Bourse Director 590 fantem applies mantring Overhead using the contendinebor hours and machine hour Manufacturing overhead roles the Endings The desired ending more for each of the wedre meters of the next respective PDOHRS to use to apply verhead quarters budgeted units Beginning inventory for direct aterials and finished goods are assumed to beated25 hour Machine 40 our red hished goods ending inventory of the next 20 01 04 Price per Unit Total Sales Une proche . Created witches Pred DM per Deding OM SOM With Coupe OM OM Path Die Mehr DM pa Mrequired besteding OM OM Unite path Roar PTD March IS IS IS TM Panthes Cost SM Cost per un prored Director Dons per un DK Mousegir DE Rate per Con produced Marvestino Thor- red rate per hour Lour required Labord Dicon Meerde per hour Machines Mached Host Instructions The project wolves creating a sequence of budgets based on particular sales, production, and cost data You will be asked to create a Sales Production Budget, and Badgets for Direct Mater De Labor and Manufacturing Overhead as part of this project. The budgets need to be created in the correct sequence as one leads to the next the overarching goal of this exerce is to see the value of the budgeting process Using the assumptions presented, prepare the following schedules (showing quarterly and annual amounts where applicable) Sales Budget Production Budget Direct Materials Purchases Budget Direct Labor Budget Manufacturing Overhead fudget Sales Revenge The Eastern Technology Company manufactures Weather Radios for sale to realiers such as Walmart, Target, etc. The 2016 quarterly unit ales estimates and projected sales prices per unit areas follows: Also, note that that projected sales and projected production for Quarter 1 of 2017 is 10,000 units Sales units Product Cost Awsumptions The company's product requires two raw materials, resistors and switches. Cost parameters are as found Quartet Quarter 2 Quarte 1 Quarter 4 2,200 500 9.400 300 SEO $90 $90 Number of Component Switches Switch 3 Restors 5 ch 2 Number of intered to completed unit pront Machine 12 Hour rates wed preci laborato $10 hour Eastern applies manufacturing overhead using two cost drivers direct labor hours and machine hours Manufacturing overhead rates (le, the Ending Inventories PDOHRS to use to apply overhead) The desved ending inventories for each of the two direct materials is 10% of the next quarter's respecte quarter's budgeted sales Units Beginning inventory for direct materials and finished goods are assumed to Laboratda $25thou Machine related S40/hout sired finished goods ending inventory is 5% of the next Sales Budget 01 02 93 04 of Units Price per UN Total Sales THIS 5 Budgeting project b) Production Budget Sales units Desired Ending FG Beg FG Units to produce Direct Materials Budget Switches Production units DM per unit Total DM required Desired Ending DM Bee DM Units to purchase Cost per DM unit DM Purchases Direct Materials Budget Resistors Production units DM per unit Total DM required Desired Ending DM Beg DM Units to purchase Cost per DM unit DM Purchases 5 S $ $ $ Total DM Purchases Cost s DM Cost per unit produced 5 $ $ $ 5 $ $ s d) Direct Labor Budget Production units DL Hours per unit DL Hours required DL Rate per Hour Total DL Cost DL Cost per unit produced $ S 5 15 5 S $ $ S $ WILLICULUULLUS Budgeting project $ S $ Total OH costs OH Cost per unit produced S Total Product Cost per Unit Cost of Goods Sold S S unus S S Juno But Miest Buddies The projectes ganes bidon pres.com Mange part of this propel the need in the sum Ungtone, per the following whiteshing and was Sole Production Production De Marche Diretor Budget Mang Overduet Sales The Tech Company weather Radies the 2016 eneste proces Ich www Marter, Another that oceda de production for water 10.000 Prostitution The company product requires two wond witches Ciseas Our Quarter 9.500 HO 100 Number of Companies Sus How 2 Bourse Director 590 fantem applies mantring Overhead using the contendinebor hours and machine hour Manufacturing overhead roles the Endings The desired ending more for each of the wedre meters of the next respective PDOHRS to use to apply verhead quarters budgeted units Beginning inventory for direct aterials and finished goods are assumed to beated25 hour Machine 40 our red hished goods ending inventory of the next 20 01 04 Price per Unit Total Sales Une proche . Created witches Pred DM per Deding OM SOM With Coupe OM OM Path Die Mehr DM pa Mrequired besteding OM OM Unite path Roar PTD March IS IS IS TM Panthes Cost SM Cost per un prored Director Dons per un DK Mousegir DE Rate per Con produced Marvestino Thor- red rate per hour Lour required Labord Dicon Meerde per hour Machines Mached Host Instructions The project wolves creating a sequence of budgets based on particular sales, production, and cost data You will be asked to create a Sales Production Budget, and Badgets for Direct Mater De Labor and Manufacturing Overhead as part of this project. The budgets need to be created in the correct sequence as one leads to the next the overarching goal of this exerce is to see the value of the budgeting process Using the assumptions presented, prepare the following schedules (showing quarterly and annual amounts where applicable) Sales Budget Production Budget Direct Materials Purchases Budget Direct Labor Budget Manufacturing Overhead fudget Sales Revenge The Eastern Technology Company manufactures Weather Radios for sale to realiers such as Walmart, Target, etc. The 2016 quarterly unit ales estimates and projected sales prices per unit areas follows: Also, note that that projected sales and projected production for Quarter 1 of 2017 is 10,000 units Sales units Product Cost Awsumptions The company's product requires two raw materials, resistors and switches. Cost parameters are as found Quartet Quarter 2 Quarte 1 Quarter 4 2,200 500 9.400 300 SEO $90 $90 Number of Component Switches Switch 3 Restors 5 ch 2 Number of intered to completed unit pront Machine 12 Hour rates wed preci laborato $10 hour Eastern applies manufacturing overhead using two cost drivers direct labor hours and machine hours Manufacturing overhead rates (le, the Ending Inventories PDOHRS to use to apply overhead) The desved ending inventories for each of the two direct materials is 10% of the next quarter's respecte quarter's budgeted sales Units Beginning inventory for direct materials and finished goods are assumed to Laboratda $25thou Machine related S40/hout sired finished goods ending inventory is 5% of the next Sales Budget 01 02 93 04 of Units Price per UN Total Sales THIS 5 Budgeting project b) Production Budget Sales units Desired Ending FG Beg FG Units to produce Direct Materials Budget Switches Production units DM per unit Total DM required Desired Ending DM Bee DM Units to purchase Cost per DM unit DM Purchases Direct Materials Budget Resistors Production units DM per unit Total DM required Desired Ending DM Beg DM Units to purchase Cost per DM unit DM Purchases 5 S $ $ $ Total DM Purchases Cost s DM Cost per unit produced 5 $ $ $ 5 $ $ s d) Direct Labor Budget Production units DL Hours per unit DL Hours required DL Rate per Hour Total DL Cost DL Cost per unit produced $ S 5 15 5 S $ $ S $ WILLICULUULLUS Budgeting project $ S $ Total OH costs OH Cost per unit produced S Total Product Cost per Unit Cost of Goods Sold S S unus S S Juno