Complete requirement 1-8

Xang Manufacturing Company manufactures blue rugs, using wool and dye as direct materials One ug is IClick the icon to wew the additional information budgeted to use 38 of wool of ST skein and cost SS AM other matenals are indirect AM the beginning of the year xiang has an inventory of 456.000 skeins of wool at acost There is no dnect manufacturing labor cost for dyeing Xang budgets 48 drect manufacturing labor bours to weave and 3400 gallons of dye at cost of $21.760. Target ending inventory of wool and dye Gang uses the FIFO imentory fow method a mag at abudgeted rate of $17 per hour budgets 03 machine hours to dye each skein in the dyeing process m(Click the icon to wew the budgeted overhead costs) Requirements 0 More info Xiang blue nags are very popular and demand is high, but because of capacity constrarts the finm wil Prepare a direct material usage budget in both units and dollars. produce only 215.000 blue rugs per year The budgeted selling price is 2400 each. There are no rugs n 2. Calculate the budgeted overhead allocation rates for weaving and dyeing beginning inventory Target ending inventory of ngs is also zero Calculate the budgeted unt cost of a blue rug for the year Xang makes rugs by hand, but uses a machine to dye the wool, Thus, overhead costs ae accumulated revenues budget for blue rugs for the year assuming Xang sels (al Prepare a for weaving and the other for dyeing Weaing overhead is allocated to products based two cost 275,000 or (b) 255,000 blue rugs that is at two dnerent sales levels) is alocated to products based on 5. calculate the budgeted cost of goods sold for blue rugs under each sales machine hours (MH) 6. Find the budgeted gross margin for blue rugs under each sales assumption T. What actions might you take as a manager to improve profitability sales drop to 256,000 blue rugs? B. How might top agement at 0anguse the budget developed in requirements 16 man to better manage the company