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CALCULATOR PRINTER VERSION 4 BACK NEXT RESOURCES 1006 MO ision cart mission LOG min 4-3A (Part mission) brey re sults by Study Problem 13-2 (Part

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CALCULATOR PRINTER VERSION 4 BACK NEXT RESOURCES 1006 MO ision cart mission LOG min 4-3A (Part mission) brey re sults by Study Problem 13-2 (Part Level Submission) Pronghorn Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. Product Product 39 50 38 60 Sales budget Anticipated volume in units 403,300 202,500 Unit selling price $21 528 Production budget Desired ending finished goods units 26,800 16,700 Beginning finished goods units 33,800 12,900 Direct materials budget Direct materials per unit (pounds) 1 2 Desired ending direct materiais pounds 33,300 18,800 Teginning direct materials pounds 44,000 13,300 Cost per pound 3 $3 Direct labor budget Direct lobortime per unit 0.4 0.0 Direct labor rate per hour $12 $12 Budgeted income statement Total unit cost 514 $23 Ancounting start has prepared the dealed manufacturing overhead budget and the selling and administrave expense budget. The latter shows Seding expenses of 5661,000 for product JD 50 and $164,000 for product 60, and administrative expenses of $541,000 for products and $341,000 for product 1860. Interest expense is 5150,000 (not allocated to products Income taxes are expected to be 30% suveepers of product and $341,000 for product JB 60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 30% (a) Prepare the sales budget for the year. PRONGHORN INC. Sales Budget For the Year Ending December 31, 2017 JB 50 JB 60 Total study Expected unit sales Unit selling price 28 Total sales U TO TEXT LINK TO TEXT

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