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hello!! please make it to where it shows fully and does not cut off cause Ive been having that problem where the answers get cut
hello!! please make it to where it shows fully and does not cut off cause Ive been having that problem where the answers get cut off and i cant see them. Thank you!
Assets S a. Budgeted sales are 1400 youth bats and 2,800 adult bats. b. Finished Goods Inventory on December 31, 2024, consists of 450 youth bats at $16 each and 840 adult bats at $12 each. C Desired ending Finished Goods Inventory is 550 youth bats and 250 adult bats, FIFO inventory costing method is used d. Direct materials requirements are 50 ounces of wood per youth bat and 60 ounces of wood per adult bat. The cost of wood is $0,15 por ounce .. Raw Materials Inventory on December 31, 2024, consists of 20.000 ounces of wood at $0.15 per Ounco 1. Desired ending Raw Materials Inventory is 20,000 ounces (indirect materials are Current Assets Cash Accounts Receivable Raw Materials Inventory Finished Goods Inveedory Total Current Assets 22,000 25,400 4.350 17,280 5 69,000 Print Done Print Done ata table Property. Plant, and Equipment Equipment Less: Accumulated Depreciation 140,000 (05,000) wwwwwwwwwwwww insignificant and not considered for budgeting purposes) 9. Each bat requires 0 6 hours of direct labor, direct labor costs average 532 per hour h. Variable manufacturing overhead is $0.00 per bat. Fored manufacturing overhead includes $800 per quarter in depreciation and 519.234 per quarter for other costs, such as insurance and property taxes Faed seling and administrative expenses indude $8.000 per quarter for salaries $1,000 per quartet for rent: $1.300 por quarter for insurance, and $400 per quarter for depreciation * Variable seling and administrative expenses include supplies at 2% osales 75,000 5 144,030 Total Assets Liabilities Current Liabatis Accounts Payable $ 16,500 Print Done Print Done $ 16.500 The Haney Batting Company manufactures wood baseball bats. Haney's two primary prod school and college-aged players. Haney sells the bats to sporting goods stores and all sal volume is in the first three months of the year as retailers prepare for the spring baseball follow Click the icon to view the balance sheet) (Click the icon to view the Read the requirements Current Liabilities Accounts Payable Stockholders' Equity Common Stock, no por 5 Retained Earings Total Stockholders' Equity Total Liables and Stockholders' Equity 80 000 47,530 127.530 $ 144,030 Requirement 1. Prepare Haney's sales budget for the first quarter of 2025 Haney Batting Company Sales Budget Print Dona The Haney Batting Company manufactures wood baseball bats, Haney's two primary products are a youth bat, designed for children and young teens, and an adult bat, designed for high school and college-aged players. Haney sells the bats to sporting goods stores and all sales are on account. The youth bat sells for $60, the adult bat sols for $65. Haney's highest sales volume is in the first three months of the year as retailers prepare for the spring baseball season. Haney's balance sheet for December 31, 2024, and other data for the first quarter of 2025 follow Requirement 1. Prepare Haney sales budget for the first quarter of 2025 Haney Batting Company Sales Budget For the Quarter Ended March 31, 2025 Youth Adult Sales Budget For the Quarter Ended March 31, 2025 Youth Adult Bats Bats Total Budgeted bats to be sold Sales price per unit Total sales Requirement 2. Prepare Haney's production budget for the first quarter of 2025. Haney Batting Company Production Budget For the Quarter Ended March 31, 2025 Youth Adult Bats Bats Total IV LO WOTLI LOU QIUI GUEU Youth Adult Bats Bats Total Plus: Total bats needed Less: Budgeted bats to be produced Requirement 3. Prepare Haney's direct materials budget, direct labor budget, and manufacturing overhead budget for the first quarter of 2025. Round the predetermined overhead location rate to two decimal places. The overhead allocation base is direct labor hours. Begin by preparing the direct materials budget. Haney Batting Company Direct Materials Budget For the Quarter Ended March 31, 2025 N Youth Adult Bats Bats Total on Haney Batting Company Direct Materials Budget For the Quarter Ended March 31, 2025 Youth Adult Bats Bats Total Direct materials per bat (ounces) Direct materials needed for production 0 Direct materials per bat (ounces) Direct materials needed for production Plus: Total direct materials needed Less: Budgeted purchases of direct materials Direct materials cost per ounce Rudented cost of direct materials on Prepare the direct labor budget. (Enter any hours per unit amounts to two decimal places, X.XX.) Review the production budget you prepared above. Haney Batting Company Direct Labor Budget For the Quarter Ended March 31, 2025 Youth Adult Bats Bats Total VE TO GIVE uou marUITU VEU on Youth Adult Bats Bats Total Direct labor hours needed for production Budgeted direct labor cost FX Prepare the manufacturing overhead budget. (Enter any per unit amounts to two decimal places, XXX. Abbreviations used. VOH = variable manufacturing overhead. FUH manufacturing overhead.) Review the production budget you prepared above Review the direct labor budget you prepared above. Haney Batting Company Manufacturing Overhead Budget For the Quarter Ended March 31, 2025 Youth Adult Rat Total Youth Adult on Bats Bats Total VOH cost per bat Budgeted VOH Budgeted FOH Depreciation Insurance and property taxes Requirement 4. Prepare Haney's cost of goods sold budget for the first quarter of 2025, Before preparing the cost of goods sold budget, calculate the projected manufacturing cost per bat for 2025. (Round all amounts to the nearest cont.) Youth Bats Adult Bats Total projected manufacturing cost per bat for 2025 on Now prepare the cost of goods sold budget. Review the sales budget you prepared above. Review the production budget you prepared above. Haney Batting Company Cost of Goods Sold Budget For the Quarter Ended March 31, 2025 Youth Aduit Bats Bats Total Youth Adult Bats Bats Total Bats produced and sold in 1st quarter of 2025 Total budgeted cost of goods sold Requirement 5. Prepare Haney's selling and administrative expense budget for the first quarter of 2025. Review the sales budget you prepared above. y un Miro My on For the Quarter Ended March 31, 2025 Total budgeted selling and administrative expense Step by Step Solution
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