ction managers and HR employees at Ford Seasoning has compiled information about standards direct labor requirements during January 20x and passed it along to the accounting staff. The for the amount of labor hours required to make each jar of 12-spice as well as the expected average ts of labor are as follows: ation obtained from the table above and the previous budgets to prepare ford Seasoning's direct jet for the month of January. Ford Seasoning Direct Labor Budget For the Month Ended January 31, 20xx \begin{tabular}{|c|} \hline Comprehensive Assignment 22 \\ \hline Sales Budget \\ \hline \end{tabular} Ford Seasoning's management has asked its accounting staff to prepare a sales budget for the January 20XX. According to management's predictions, the selling price per jar of 12 -spice will be the same for the entirety of the month of January. For your convenience, the consistent, per-jar sales price has been provided. Prepare Ford Seasoning's sales budget for January of 20xx. Set January's budgeted jars to be sold equal to the required sales volume determined by your CvP analysis. Then, determine how much sales revenue will be generated for sales equal to this target volume. Ford Seasoning's management has compiled a list of standards set by the various managers at the company and handed this information off to the company's accounting staff to prepare the direct materials budget. In addition to the per-jar standards, these managers have made an estimate about the quantity of direct materials needed at the end of the month. This information, as well as Ford Seasoning's current direct materials balance, is listed in the information below: Use the information from the table above, as well as your prior budgets, to prepare Ford Seasoning's direct materials budget for he month of January 20xx. Use the information obtained from previously prepared budgets to prepare Ford Seasoning's comparative budgeted income statement for the month of January ( up until operating In approximately 2 paragraphs, please use the results of your variance analysis to write a written recommendation to the management of Ford Seasoning about how they can improve their budget for the following period, and increase the profitability of the company. Ford Seasonings management has asked its accounting staff to prepare a production budget for the upcoming month. Like all businesses, Ford Seasoning wants to have extra finished goods inventory on hand at the end of the period to serve as a buffer. Information about the firm's inventory balance at the beginning of January, and its desired level of ending inventory at month's end is provided below. Use this information to prepare the firm's production budgeted for the month of January 20xx. Use the information from the table above and your sales budget to prepare Ford Seasoning's production budget for the upcoming month. Complete ford Seasoning's flex budget performance report for the month. The company's actual results and budgeted amounts per unit have been provided for you. The numbers for the static budget portion of the document need to be taken from the individual budgets you prepared in your master budget. Ford Seasoning's management has compiled the following information about their predicted selling and administrative expenses for the upcoming month: Prepare Ford Seasoning's selling and administrative expense budget for the upcoming month of January 20x Ford Seasoning makes only one product, 12-spice, a splce designed to make fried chicken taste just like the chicken of a popular fast food restaurant. Ford seasoning is about to begin its fifth year of operations in 20xX. The company's management has already compiled information from the various managers at the firm and has passed them off to the accounting staff so that the staff can determane what level of sales volume the compury must achierve to meet its profit poals and prepare a master budset based upon the production level necessary to achieve that target level of profit. \begin{tabular}{|c|} \hline Comprehensive Assignment t:2 \\ \hline Manufacturing Overhead Budget \\ \hline \end{tabular} Ford Seasonings management has provided the accounting staff with the following information related to the company's estimated manufacturing overhead for the month of January 20x : nequrement Use the information from the table above and the previous budgets to prepare Ford Seasoning's manufacturing overhead budget for the month. Ford Seasoning's management has asked the accounting staff to used the information obtained from the priof budgets to determine the company's expected manufacturing cost per jar for the month and then prepare the firm's cost of goods sold budget for period. Requirement One Determine Ford Seasoning's total cost to manufacture one jar of 12-spice during January. from your prior budgets to prepare Ford Seasoning's cost of goods sold budget for the month of January 20x. Comprchensive Assignment $2 Cost Volume Profit (CVP) Analysis Ford Seasoning's management has compiled budgeted information regarding sales and production of 12 -spice for January of 20x. Use the information provided in the chart below to determine what quantity of 12-spice jars Ford Seasoning must produce and sell during January 20xx in order to meet its target amount of operating income. Comprete the following chart using CVP analysis techniques to determine how many jars of 12-spice the company must sell in order to meet its target operating income for the month. ction managers and HR employees at Ford Seasoning has compiled information about standards direct labor requirements during January 20x and passed it along to the accounting staff. The for the amount of labor hours required to make each jar of 12-spice as well as the expected average ts of labor are as follows: ation obtained from the table above and the previous budgets to prepare ford Seasoning's direct jet for the month of January. Ford Seasoning Direct Labor Budget For the Month Ended January 31, 20xx \begin{tabular}{|c|} \hline Comprehensive Assignment 22 \\ \hline Sales Budget \\ \hline \end{tabular} Ford Seasoning's management has asked its accounting staff to prepare a sales budget for the January 20XX. According to management's predictions, the selling price per jar of 12 -spice will be the same for the entirety of the month of January. For your convenience, the consistent, per-jar sales price has been provided. Prepare Ford Seasoning's sales budget for January of 20xx. Set January's budgeted jars to be sold equal to the required sales volume determined by your CvP analysis. Then, determine how much sales revenue will be generated for sales equal to this target volume. Ford Seasoning's management has compiled a list of standards set by the various managers at the company and handed this information off to the company's accounting staff to prepare the direct materials budget. In addition to the per-jar standards, these managers have made an estimate about the quantity of direct materials needed at the end of the month. This information, as well as Ford Seasoning's current direct materials balance, is listed in the information below: Use the information from the table above, as well as your prior budgets, to prepare Ford Seasoning's direct materials budget for he month of January 20xx. Use the information obtained from previously prepared budgets to prepare Ford Seasoning's comparative budgeted income statement for the month of January ( up until operating In approximately 2 paragraphs, please use the results of your variance analysis to write a written recommendation to the management of Ford Seasoning about how they can improve their budget for the following period, and increase the profitability of the company. Ford Seasonings management has asked its accounting staff to prepare a production budget for the upcoming month. Like all businesses, Ford Seasoning wants to have extra finished goods inventory on hand at the end of the period to serve as a buffer. Information about the firm's inventory balance at the beginning of January, and its desired level of ending inventory at month's end is provided below. Use this information to prepare the firm's production budgeted for the month of January 20xx. Use the information from the table above and your sales budget to prepare Ford Seasoning's production budget for the upcoming month. Complete ford Seasoning's flex budget performance report for the month. The company's actual results and budgeted amounts per unit have been provided for you. The numbers for the static budget portion of the document need to be taken from the individual budgets you prepared in your master budget. Ford Seasoning's management has compiled the following information about their predicted selling and administrative expenses for the upcoming month: Prepare Ford Seasoning's selling and administrative expense budget for the upcoming month of January 20x Ford Seasoning makes only one product, 12-spice, a splce designed to make fried chicken taste just like the chicken of a popular fast food restaurant. Ford seasoning is about to begin its fifth year of operations in 20xX. The company's management has already compiled information from the various managers at the firm and has passed them off to the accounting staff so that the staff can determane what level of sales volume the compury must achierve to meet its profit poals and prepare a master budset based upon the production level necessary to achieve that target level of profit. \begin{tabular}{|c|} \hline Comprehensive Assignment t:2 \\ \hline Manufacturing Overhead Budget \\ \hline \end{tabular} Ford Seasonings management has provided the accounting staff with the following information related to the company's estimated manufacturing overhead for the month of January 20x : nequrement Use the information from the table above and the previous budgets to prepare Ford Seasoning's manufacturing overhead budget for the month. Ford Seasoning's management has asked the accounting staff to used the information obtained from the priof budgets to determine the company's expected manufacturing cost per jar for the month and then prepare the firm's cost of goods sold budget for period. Requirement One Determine Ford Seasoning's total cost to manufacture one jar of 12-spice during January. from your prior budgets to prepare Ford Seasoning's cost of goods sold budget for the month of January 20x. Comprchensive Assignment $2 Cost Volume Profit (CVP) Analysis Ford Seasoning's management has compiled budgeted information regarding sales and production of 12 -spice for January of 20x. Use the information provided in the chart below to determine what quantity of 12-spice jars Ford Seasoning must produce and sell during January 20xx in order to meet its target amount of operating income. Comprete the following chart using CVP analysis techniques to determine how many jars of 12-spice the company must sell in order to meet its target operating income for the month