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Fill in boxes with correct numbers. Question 2 of 5 -/7 E View Policies Current Attempt in Progress Wildhorse Company makes and sells artistic frames
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Question 2 of 5 -/7 E View Policies Current Attempt in Progress Wildhorse Company makes and sells artistic frames for pictures. The controller is responsible for preparing the master budget and has accumulated the following information for 2022. January February March April May Estimated unit sales 12,000 14,000 13,000 11,000 11,000 $52.00 $49.50 $49.50 $49.50 $49.50 Sales price per unit Direct labor hours per unit Wage per direct labor hour 2.0 2.0 1.5 1.5 1.5 $10 $10 $10 $11 $11 Wildhorse has a labor contract that calls for a wage increase to $11 per hour on April 1. New labor-saving machinery has been installed and will be fully operational by March 1. Wildhorse expects to begin the year with 17,580 frames on hand and has a policy of carrying an end-of-month inventory of 100% of the following month's sales, plus 40% of the second following month's sales. (a) Prepare a production budget for Wildhorse Company by month and for the first quarter of the year. WILDHORSE COMPANY Production Budget For the Year Ending March 31, 2022 Jan Feb Mar Total (a) Prepare a production budget for Wildhorse Company by month and for the first quarter of the year. WILDHORSE COMPANY Production Budget For the Year Ending March 31, 2022 Jan Feb M Expected Unit Sales Add : Desired Ending Inventory Total Materials Required Less Beginning Inventory Required Production Units e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (a) Prepare a production budget for Wildhorse Company by month and for the first quarter of the year. WILDHORSE COMPANY Production Budget For the Year Ending March 31, 2022 Jan Feb Mar Total eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part aboveStep by Step Solution
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