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General information: Selling price of bamboo rocking horses OPTIMA, INC. Linear feet of bamboo required per rocking horse Cost of bamboo per foot I

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General information: Selling price of bamboo rocking horses OPTIMA, INC. Linear feet of bamboo required per rocking horse "Cost of bamboo per foot I Hours required to build Average hourly direct labor rate Additional information: $33.50 3 I $2.00 I 0.50 I $15.00 I Ending finished goods inventory (percentage of the next quarter's sales) '40% I I Ending raw materials inventory (percentage of the next quarter's production) 30% I Quarters/Year Variable manufacturing overhead rate per direct labor hour $8.00 Estimated quarterly fixed manufacturing overhead $275,000.00 I 4 I Estimated monthly selling and administrative expenses: Variable $6.00 1 Fixed $200,000.00! Expected number of frames sold in following quarters: 4th Quarter 2019 55,000 1st Quarter 2020 65,000 2nd Quarter 2020 70,000 3rd Quarter 2020 75,000 4th Quarter 2020 90,000 1st Quarter 2021 90,000 2nd Quarter 2021 75,000

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