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Homework Help Please see attachments The excel sheet contains the answers with the drop down box. Prepare a sales budget for December. Feathered Friends Inc.
Homework Help
Please see attachments
The excel sheet contains the answers with the drop down box.
Prepare a sales budget for December. Feathered Friends Inc. Sales Budget For the Month Ending December 31, 2014 Unit Sales Unit Selling Volume Price Total Sales Bird house Bird feeder Total revenue from sales 2. Prepare a production budget for December. Feathered Friends Inc. Production Budget For the Month Ending December 31, 2014 Units Bird House Bird Feeder Expected units to be sold Plus desired inventory, December 31, 2014 Total Less estimated inventory, December 1, 2014 Total units to be produced 3. Prepare a direct materials purchases budget for December. Feathered Friends Inc. Direct Materials Purchases Budget For the Month Ending December 31, 2014 Wood Plastic Total Required units for production: Bird house Bird feeder Plus desired units of inventory, December 31, 2014 Total Less estimated units of inventory, December 1, 2014 Total units to be purchased Unit price Total direct materials to be purchased 4. Prepare a direct labor cost budget for December. Feathered Friends Inc. Direct Labor Cost Budget For the Month Ending December 31, 2014 Fabrication Department Hours required for production: Bird house Bird feeder Total Hourly rate Total direct labor cost 5. Prepare a factory overhead cost budget for December. Feathered Friends Inc. Factory Overhead Cost Budget For the Month Ending December 31, 2014 Indirect factory wages Depreciation of plant and equipment Power and light Insurance and property tax Total Assembl y Departm ent Total 6. Prepare a cost of goods sold budget for December. Work in process at the beginning of December is estimated to be $29,000, and work in process at the end of December is estimated to be $35,400. Feathered Friends Inc. Cost of Goods Sold Budget For the Month Ending December 31, 2014 Select Select Direct materials: Select Select Cost of direct materials available for use Select Cost of direct materials placed in production Select Select Total manufacturing costs Total work in process during the period Select Cost of goods manufactured Cost of finished goods available for sale Select Cost of goods sold 7. Prepare a selling and administrative expenses budget for December. Feathered Friends Inc. Selling and Administrative Expenses Budget For the Month Ending December 31, 2014 Selling expenses: Sales salaries expense Advertising expense Telephone expense selling Travel expense selling Total selling expenses Administrative expenses: Office salaries expense Depreciation expenseoffice equipment Telephone expense administrative Office supplies expense Miscellaneous administrative expense Total administrative expenses Total operating expenses 8. Prepare a budgeted income statement for December. Feathered Friends Inc. Budgeted Income Statement For the Month Ending December 31, 2014 Select Select Select Operating expenses: Select Select Total operating expenses Select Other income: Select Other expenses: Select Select Select SelectStep by Step Solution
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