capacitantes #2: El estudiante preparar un presupuesto The Budget director of Florida Corp., with your assistance, has gathered the following data for use in developing the budgeted income statement for January 2019: operacional A. Estimated sales for January: Batting helmet... Football helmet....8,000 units at $180 per unit B. Estimated inventories (beginning) at January 1 Direct materials: Finished products: Batting helmet.... 200 units at $30 per unit Football helmet.. 240 units at $85 per unit C. Desired inventories (ending) at January 31: Finished products Batting helmet...........230 units at $30 per unit Football helmet......... 260 units at $85 per unit Direct materials: Foam lining... 50ls D. Direct materials used in production: 20 Ibs. per unit of product Foam lining.50lbs. per unit of product In manufacture of batting helmet: In manufacture of football helmet: 3.50bs. per unit of product Foam lining.1.50lbs. per unit of product ic.... $7.00 per lb. Foam lining....$4.50 per lb. E. Anticipated cost of purchases and beginning and ending inventory of direct materials: F. Direct labor requirements: Batting helmet: Molding Department.......20 hour at $16 per hour Assembly Department. 60 hour at $17 per hour Football helmet: ing Department.60 bour at $17 per hour Assembly Department. 1.90 hours at $18 per hour G. Estimated factory overhead costs for January Depreciation of plant and equipment...18,000 Power and light Insurance and property tax.. 8,000 5,300 H. Estimated operating expenses for January: $190,000 90,200 36,400 Depreciation expense-office equipment...4,800 Office salaries expense. 2,800 1,000 12,000 1,500 1,200 I. Estimated other income and expense for January: $1,600 Interest revenue... 20% J. Estimated Tax rate. Required: Prepare the following for January 2019 1. Sales Budget 2. Production Budget 3. Direct materials purchases budget 4. Direct labor costs budget 5. Factory overhead budget Cost of goods sold budget. Work in process at the beginning of January estimated to be $24,000, and work in process at the end of January desired to be $28,000. 6. 7. Selling and administrative expenses budget 8. Prepare a budgeted income statement