Hello,

I am currently having trouble solving this managerial accounting problem. It has multiple parts, but so far I have been able to solve the first three. Your help is greatly appreciated, and thank you for your time.

Exam Corporation has the following information available: Units Sold 2,000 Unit Price $75.00 Budgeted Direct Materials Per Unit 1.75 Budgeted Direct Labor Hours Per Unit 1.50 Overhead Rate Per Direct Labor Hour $12.00 Current Inventory of Finished Goods 100 Target Inventory of Finished Goods 200 Current Inventory of Direct Materials 400 Target Inventory of Direct Materials 300 Cost Per Direct Material $4.75 Cost Per Direct Labor Hour $14.00 Review keeps no inventory of work in process or finished goods. Calculate the following amounts: 1. What is the budgeted revenue? 150,000 2. What is the budget for direct materials (in 3762.5 materials)? 3. What is the budget for direct materials (in 17,874 dollars)? 4. What is the budget for direct labor (in hours)? 5. What is the budget for direct labor (in dollars)? 6. What is the budget for overhead? 7. What is the budgeted gross profit