Hello! im a bit lost for the first part of this question. Please help me solve #1-3 thanks John
Budgeted income statement and supporting budoets The budget director of Birding Homes a feeders inc, with the assistance of the controiler, treasuret, production manager, and saies manager, has gathered the following data for use in developing the budgeted income statement for danuary: a. Estimuted sales for January: Bird house 15,000 units at $25 per unit Bird feeder 40,000 units at $15 per unit b. Estimated inventories at lonuary it: Direct materials: Wood 600r. Pastic 1,000 lbs. Finlshed products: Bird house 1,000 units at $15 per unit Bird teeder 2,500 units at $8 per unit C. Desired inventories at January 31 : Direct materiais: Woed 500ft. Plastic 1,250lbs. Finished products: Bird houke 1,500 units at $15 per unit Bird feeder 3,000 units at $8 per unit. d. Oirect materials used in production: In mansfacture of Bind House: 2. Prepare a production budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 3. Prepare a direct materials purchases budget for January. For those boxes in which you ifust enter subtracted or negative numbers use a minus sign. d. Direct materials used in production: In manufacture of Bird House: Wood 0.80 ft. per unit of product Plastic 0.10lb. per unit of product In manufacture of Bird Feeder: Wood 0.20ft. per unit of product Plastic 1.00lb, per unit of product e. Anticipated cost of purchases and beginning and ending inventory of direct materials: Wood $2,50 per ft. Plastic $0,80 per lb. f. Direct labor requirements: Bird House: Fabrication Department 0.40hr, at $18 per hr. Assembly Department 0.20hr at $12 per hr. Bird Feeder: Fabrication Department 0.25hr. at $18 per hr. Assembly Department 0.10hr at $12 per hr. 9. Estimated factory overhead costs for January: h. Estimated operating expenses for January: 1. Estimated other revenue and expense for January: j. Estimated tax rate: 25% Required: 1. Prepare a sales budget for January. 1. Prepare a sales budget for January. 2. Prepare a production budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 3. Prepare a direct materials purchases budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 4. Prepare a direct labor cost budget for January