Ending Finished Goods Inventory Budget

Play$-$Disc makes Frisbee$-$type plastic discs. Each $12-$inch diameter plastic disc has the following manufacturing costs:

Direct materials $$1\mathrm{.}80$

Direct labor $0\mathrm{.}55$

Variable overhead $0\mathrm{.}80$

Fixed overhead $1\mathrm{.}85$

Total unit cost $$5\mathrm{.}00$

For the coming year, Play$-$Disc expects to make $380,000$ plastic discs, and to sell $368,000$ of them. Budgeted beginning inventory in units is $16,000$ with unit cost of $$5\mathrm{.}00.($There are no beginning or ending inventories of work in process.$)$

Required:

Question Content Area

$1.$ Prepare an ending finished goods inventory budget for Play$-$Disc for the coming year. If required, round your answers to the nearest cent.

Play$-$Disc

Ending Finished Goods Inventory Budget

For the Coming Year

Unit costs:

$$-$ Select $-$

$-$ Select $-$

Overhead:

$-$ Select $-$

$-$ Select $-$

Total cost per unit $fill in the blank $32$a$4$ba$05$efaa$079\_9$

Total ending inventory cost $fill in the blank $32$a$4$ba$05$efaa$079\_10$

Question Content Area

$2.$ What if sales increased to $390,000$ discs? How would that affect the ending finished goods inventory budget? Calculate the value of budgeted ending finished goods inventory.

Finished goods inventory has

to $fill in the blank d$1972402$efbefe$6\_2$Fixed overhead Total unit cost $=\frac{1\mathrm{.}85}{\text{\$}5\mathrm{.}00}$ For the coming year, Play$-$Disc expects to make $380,000$ plastic discs, and to sell $368,000$ of them. Budgeted beginning inventory in units is $16,000$ with unit cost of $$5\mathrm{.}00.$

$($There are no beginning or ending inventories of work in process.$)$

Required:

Prepare an ending finished goods inventory budget for Play$-$Disc for the coming year. If required, round your answers to the nearest cent.

Play$-$Disc

Ending Finished Goods Inventory

Budget

For the Coming Year

What if sales increased to $390,000$ discs? How would that affect the ending finished goods inventory budget? Calculate the value of budgeted ending finished goods

inventory.

Finished goods inventory has

to $