c. Direct material budget
d. manufactoring overhead budget
buderting ptocin: Direct Materials Waberwyy ihet ts keep Sis of the raberish needed tor the neet mone is ita endinc inentory Raw Deceivber 31.202t totaled staosip5 Deect twber Labor rowires 12 minutes per unit ior congletion ant in aud at a rien of iv per hour: Gther trormation The Cash balace an Becember 31, 2021. ascied 5301000 byt maru emene has decided is woudd llie to For the first quarter of 2022, prepare a sales budget. WATRRWAYS CORP Sales Budgs: First Quarte January February - For the first quarter of 2022, prepare a production budget. Question 1 of 1 2.22/10; Current Attempt in Progre: Waterways Corporation is preparing its budget for the coming year, 2022. The first step is to plan for the first quarter of that coming year. The company has gathered information from its managers in preparation of the budgeting process. Waterways likes to keep 10% of the next month's unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31,2021 , totaled $181,800. Direct Materials Direct materials cost 80 cents per pound. Two pounds of direct materials are required to produce each unit. Waterways likes to keep 5% of the materials needed for the next month in its ending inventory. Raw Materials on December 31, 2021 totaled 11,400 pounds. Payment for materials is made within 15 days. 50 ; is paid in the month of purchase, and 50% is paid in the month after purchase. Accounts Payable on December 31, 2021, totaled $120,595. Whatratais Crectialey Giter intor ruose buderting ptocin: Direct Materials Waberwyy ihet ts keep Sis of the raberish needed tor the neet mone is ita endinc inentory Raw Deceivber 31.202t totaled staosip5 Deect twber Labor rowires 12 minutes per unit ior congletion ant in aud at a rien of iv per hour: Gther trormation The Cash balace an Becember 31, 2021. ascied 5301000 byt maru emene has decided is woudd llie to For the first quarter of 2022, prepare a sales budget. WATRRWAYS CORP Sales Budgs: First Quarte January February - For the first quarter of 2022, prepare a production budget. Question 1 of 1 2.22/10; Current Attempt in Progre: Waterways Corporation is preparing its budget for the coming year, 2022. The first step is to plan for the first quarter of that coming year. The company has gathered information from its managers in preparation of the budgeting process. Waterways likes to keep 10% of the next month's unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31,2021 , totaled $181,800. Direct Materials Direct materials cost 80 cents per pound. Two pounds of direct materials are required to produce each unit. Waterways likes to keep 5% of the materials needed for the next month in its ending inventory. Raw Materials on December 31, 2021 totaled 11,400 pounds. Payment for materials is made within 15 days. 50 ; is paid in the month of purchase, and 50% is paid in the month after purchase. Accounts Payable on December 31, 2021, totaled $120,595. Whatratais Crectialey Giter intor ruose
