(Clack the icon to vew the daih) Fiend tho riburecrents Data table (i) (click the xica to vicw obstond dasia) More info totowrong mantis sales on unes: ter budget for the first quarter of the upcoming year. The following data pertain to Derry Manufacturing's operations i. (Click the icon to viow additional data) More info e. Most of the unbor at the manufacturing faclity is indirect but there is some direct labor incurted. The direct labor hours per unif is 0.03 . The drect labor rate per hour is $13 per hour. All dect labor is paid for in the month in which the work is performed The diect labor total cost for each of the upcoming three monthis is as follows 1. Monthly manstacturing owihead costs are $6,500 for factory ront, $2,900 for othe facd munulacturing exponses, and $1.40 in which rency are incurred. g. Compuler oqupment for the administrative oflices wil be purchasod in the upcoming quarter In January. Denry Manufacturing wat purchase equipenent for $5,800 (cash), whibe Februarys cash oxpeodture wil bo $11,600 and March's cash expenditure will be $15 do0 h. Operating oxpenses are budgeted to be $120 por unt sold plus foced coerating exponses of $1,400 per month All operating experses are paid in the month in which they are incurted No depreciation is included in these figures. 1. Depreciation on the bubing and equpciont lor the geperal and administrative offices is budgeted to be $4900 for the entire quartet, which includes deprecialion on new acuevitions 1. Deiry Manjfoduring has a policy that the ending castr bolance in each month must be at loast 54,400 it has a line of credit wath a local bank. The company can boirow n increments of $1,000 at the beginning of each month up to a totat outstanding ban batance of $125,006 The interestrate on these barts is 1% per month simple interest (ind compournded) The company compary would akso pay the accumulatud inherest at the end of the quarter on the funds bortowed during the quarter Cash at the end of February in estemated cares (Clack the icon to vew the daih) Fiend tho riburecrents Data table (i) (click the xica to vicw obstond dasia) More info totowrong mantis sales on unes: ter budget for the first quarter of the upcoming year. The following data pertain to Derry Manufacturing's operations i. (Click the icon to viow additional data) More info e. Most of the unbor at the manufacturing faclity is indirect but there is some direct labor incurted. The direct labor hours per unif is 0.03 . The drect labor rate per hour is $13 per hour. All dect labor is paid for in the month in which the work is performed The diect labor total cost for each of the upcoming three monthis is as follows 1. Monthly manstacturing owihead costs are $6,500 for factory ront, $2,900 for othe facd munulacturing exponses, and $1.40 in which rency are incurred. g. Compuler oqupment for the administrative oflices wil be purchasod in the upcoming quarter In January. Denry Manufacturing wat purchase equipenent for $5,800 (cash), whibe Februarys cash oxpeodture wil bo $11,600 and March's cash expenditure will be $15 do0 h. Operating oxpenses are budgeted to be $120 por unt sold plus foced coerating exponses of $1,400 per month All operating experses are paid in the month in which they are incurted No depreciation is included in these figures. 1. Depreciation on the bubing and equpciont lor the geperal and administrative offices is budgeted to be $4900 for the entire quartet, which includes deprecialion on new acuevitions 1. Deiry Manjfoduring has a policy that the ending castr bolance in each month must be at loast 54,400 it has a line of credit wath a local bank. The company can boirow n increments of $1,000 at the beginning of each month up to a totat outstanding ban batance of $125,006 The interestrate on these barts is 1% per month simple interest (ind compournded) The company compary would akso pay the accumulatud inherest at the end of the quarter on the funds bortowed during the quarter Cash at the end of February in estemated cares
