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could you please show how to do requirement 3-10? the next part is a direct materials budget Animai Gear Company makes two pot cariers. the
could you please show how to do requirement 3-10?
the next part is a direct materials budget
Animai Gear Company makes two pot cariers. the Cat-alac and the Deg-orific They are both msde of Elastic with motal doors, but the Cat-allacis smalior intarmation for the fivo products for the month of April is pven in ho following tablos: (Cock the icen to viow the informstion lar the fwo products) Anima Giear accounts for drect materials using a FIFO cosi.tow assumptoon. Anmai Goar uses an acivey based costng syslem and classifies evehiead into sme activly : poos Sotup, Processing, and inspection Acivilysates for these acthites ari 5105 per setup-hour, $10 per machine hous and 515 per mspecten tour fesgectiveiy Cther information follows (Cick the icon to vew the othar milernaton) Read the reaurements Requirements Prepare the following for April: 1. Revenues budget 2. Production budget in units 3. Direct material usage budget and direct material purchases budget 4. Direct manufacturing labor cost budget 5. Manufacturing overhead cost budgets for each of the three activities 6. Budgeted unit cost of ending finished goods inventory and ending inventories budget 7. Cost of goods sold budget 8. Operating (nonmanufacturing) costs budget 9. Budgeted income statement (ignore income taxes) 10. How does preparing the budget help Animal Gear's management team better manage the company? Product Information Account Information Other information If necessary, round up to calculate number of batches. Operating (nonmanufacturing) fixed costs for March equal $32,000, half of which are salaries Salaries are expected to increase 5% in April. Other operating fixed costs will remain the same. The only variable operating cost is sales commission, equal to 1% of sales revenue. Requirement 1. Prepare the revenues budget. Revenues Budget For the Month of Aprii Requirement 2. Prepare the production budget in units. Production Budget (in Units) For the Month of April Requirement 3. Prepare the direct material usage budget and direct material purchases budget. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget. Requirement 3. Prepare the direct material usage budget and direct material purchases budget. Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget Direct Material Usage Budget in Quantity and Dollars For the Month of April Step by Step Solution
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