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Part 1- Capital Budgeting (Chapter 6)_Questions Please use the following information to answer questions 1- 6 Corp makes wooden tables and is creating its 2017 capital budget. It expects to sell 40 tables in 2017 at $150 per table. Additional Information for 2017: DM per table: 6 board feet (b.f.) per table at $2.00 per b.f. DL per table: 2 DLH per table at \$25 per DLH O/H is applied at a rate of $4 per DLH (and allocated O/H= actual O/H ) For simplicity, assume costs and revenue per table are the same for those manufactured in 2017 or in previous years. Assume variable operating expenses are $12 per unit sold and fixed operating expenses are $90. 1) What is budgeted revenue for 2017 in dollars? 2) How many tables (FG units) should be produced in 2017? 3) What is the budgeted O/H cost per unit? 4) What is budgeted Cost of Goods Sold (in dollars) for 2017? 5) What are budgeted Operating Expenses (period costs) in dollars for 2017? 6) What is estimated operating income for 2017? Part 1- Capital Budgeting (Chapter 6)_Questions Please use the following information to answer questions 1- 6 Corp makes wooden tables and is creating its 2017 capital budget. It expects to sell 40 tables in 2017 at $150 per table. Additional Information for 2017: DM per table: 6 board feet (b.f.) per table at $2.00 per b.f. DL per table: 2 DLH per table at \$25 per DLH O/H is applied at a rate of $4 per DLH (and allocated O/H= actual O/H ) For simplicity, assume costs and revenue per table are the same for those manufactured in 2017 or in previous years. Assume variable operating expenses are $12 per unit sold and fixed operating expenses are $90. 1) What is budgeted revenue for 2017 in dollars? 2) How many tables (FG units) should be produced in 2017? 3) What is the budgeted O/H cost per unit? 4) What is budgeted Cost of Goods Sold (in dollars) for 2017? 5) What are budgeted Operating Expenses (period costs) in dollars for 2017? 6) What is estimated operating income for 2017