Crane Company is preparing its budpeted income statement for $2025.$ Relevant data pertaining to its sales, production, and direct materials budeets aress follows:

Sales. Sales for the year are expected to total $1,060,000$ units. Quarterly ales are $18\%,26\%,24\%,$ and $32\%,$ raspectively. The unit selling price is expected to be $$40$ for the first thres quarters and $$46$ besinning in the fourth quarter. Sales in the first quarter of $2026$ are empected to be $10$ s higher than the budgeted sales for the first quarter of $2025.$

Production. Management desires to maintain the ending finished poods inventoriss at $20\%$ of the naxt quarter's budgeted sales volume.

Direct materials. Each unit requires $2$ pounds of raw materials at z cost of $$12$ per pound. Managamant desires to maintain raw materials inventories at $10\%$ of the neat quarter's production requirements. Assume the production requirements far first quartar of $2026$ are $477,000$ pounds.

Crane budgets $0\mathrm{.}3$ hours of direct labor per unit, labor costs at $$12$ per hour, and manufacturing overhead at $$17$ per direct labor hour. Its budreted selling and administrative expenses for $2025$ are $$6,360,000.$

$($a$)$

Your answer is correct.

Calculate the budgeted total unit cost. $($Round answer to $2$ decimul places $581225)$

Total unit cost $

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Attempts $1$ of $5$ used

$($b$)$

Your answer is partially correct.

Prepare the budgated multiple$-$stap income statement for $2025.($Ignore income trues$)$

CRANE COMPANY

Budgeted Income Statement

Salse

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