Fill in the missing information from the following schedules:

Sales Budget
For the Year Ending Dec. 31, 2018
	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Expected sales (units)	7,500	8,400	8,800	9,100	fill in the blank 1
Sales price per unit	$44	$50	$50	$54
Total sales revenue	$330,000	$420,000	$440,000	$fill in the blank 2	$fill in the blank 3

Production Budget
For the Year Ending Dec. 31, 2018
	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Q1, Year 2
Expected sales	7,500	8,400	8,800	9,100	7,900
Desired ending inventory	1,680	1,760	1,820	fill in the blank 4	880
Total required units	9,180	10,160	10,620	10,680	8,780
Less: Beginning inventory	1,500	1,680	1,760	1,820	1,580
Required production	7,680	8,480	8,860	fill in the blank 5	7,200
Total				fill in the blank 6

Direct Materials Budget
For the Year Ending Dec. 31, 2018
	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Units to be produced	7,680	8,480	8,860	8,860	33,880
Direct material per unit	2	2	2	2	2
Total pounds needed for production	15,360	16,960	17,720	17,720	67,760
Add: Desired ending inventory	4,240	4,430	4,430	3,600	3,600
Total material required	19,600	21,390	22,150	21,320	71,360
Less: Beginning inventory	0	4,240	4,430	4,430	-
Pounds of direct material purchase requirements	19,600	17,150	17,720	16,890	71,360
Cost per pound	$1.50	$1.50	$1.50	$1.50	$1.50
Total cost of direct material purchase	$29,400	$25,725	$26,580	$25,335	$107,040
Total				$fill in the blank 7	$107,040

Direct Labor Budget
For the Year Ending Dec. 31, 2018
	Quarter 1	Quarter 2	Quarter 3	Quarter 4	Total
Units to be produced	7,680	8,480	8,860	fill in the blank 8	fill in the blank 9
Direct labor hours per unit	0.75	0.75	0.75	0.75	0.75
Total required direct labor hours	5,760	6,360	6,645	6,645	fill in the blank 10
Labor cost per hour	$25	$25	$25	$25	$25
Total direct labor cost	$144,000	$159,000	$166,125	$fill in the blank 11	$635,250

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