I am struggling to answer the rest of REQUIREMENTS 5-9. Please assist if possible. I have included an example of a worked-out problem for a reference and then under I will post my actual problem that needs working out. Please explain! Thank you!

Product information Other information Input Prices Direct materials Plastic $ 4 per pound Metal $ 3 per pound Direct manufacturing labor $10 per direct manufacturing labor hour Input Quantities per Unit of Output Cat-allac Dog-eriffic Direct materials Plastic 3 pounds 5 pounds Metal 0.5 pounds 1 pound Direct manufacturing labor-hours (DMLH) 3 hours 5 hours Machine-hours (MH) 10 MH 16 MH Cost Driver Information Cat-allac Dog-errific Number of units per batch 20 8 Setup time per batch 1.50 hours 2.00 hours Inspection time per batch 0.5 hours 0.6 hour If necessary, round up to calculate number of batches. Nonmanufacturing fixed costs for March equal $34,000, half of which are salaries. Salaries are expected to increase 5% in April. Other nonmanufacturing fixed costs will remain the same. The only variable nonmanufacturing cost is sales commission, equal to 1% of sales revenue. Print Done Inventory Information, Direct Materials Metal 60 pounds Beginning inventory Target ending inventory Cost of beginning inventory Plastic 280 pounds 350 pounds 1,176 Requirements 50 pounds 192 $ $ Print Done Prepare the following for April: 1. Revenues budget 2. Production budget in units 3. Direct material usage budget and direct material purchases budget 4. Direct manufacturing labor cost budget 5. Manufacturing overhead cost budgets for each of the three activities 6. Budgeted unit cost of ending finished goods inventory and ending inventories budget 7. Cost of goods sold budget 8. Nonmanufacturing costs budget 9. Budgeted income statement (ignore income taxes) 10. How does preparing the budget help Pet Transport's management team better manage the company? Account information Print Done Sales and Inventory Information, Finished Goods Cat-allac Dog-eriffic Expected sales in units 500 215 Selling price $ 215 $ 320 Target ending inventory in units 35 15 Beginning inventory in units 15 30 Beginning inventory in dollars $ 1,500 $ Pet Transport uses a FIFO cost-flow assumption for finished-goods inventory 5,580 Requirement 5. Prepare the manufacturing overhead cost budgets for each of the three activities. Begin the manufacturing overhead cost budgets for each of the three activities by first calculating the total setup time. Beginning inventory Target ending inventory Cost of beginning invento Total Cat-allac 520 Dog-errific 200 20 8 / Units to be produced Units per batch Number of batches Setup time per batch 26 25 2.00 hrs. X 1.50 hrs. 39 50 89 Total setup time hrs. hrs. hrs Next, calculate the budgeted cost for each activity. Begin by determining the formula, then calculating the amount. The first cost is budgeted machine setup costs. Activity rate per setup hr. Total setup time Budgeted machine setup costs 100 89 8.900 Account informat Now determine the formula for budgeted processing costs, then calculate the cost Sales and Inventor Budgeted machine hrs.-Cat-allac Budgeted machine hrs.-Dog-errific 3,200 x Activity rate per machine hr. ) x 5 5 Budgeted processing costs 42.000 ( 5,200 Next determine the formula, then calculate the last cost, budgeted inspection costs. (Round the hours to one decimal place.) Budgeted ( inspection hrs.-Cat-allac ( 13.0 Budgeted inspection hrs.-Dog-errific ')x Activity rate per inspection hr. 15.0 ) x $ 16 Budgeted = inspection costs 448 Expected sales in un Selling price Target ending invent Beginning inventory Beginning inventory Pet Transport uses a FIF Now prepare the manufacturing overhead cost budgets for each of the three activities. Manufacturing Overhead Budget For the Month of April Machine setup costs 8.900 Processing costs 42.000 C Help me solve this Etext pages Get more help 448 Inspection costs $ 51,348 Total Requirement 6. Prepare the budgeted unit cost of ending finished goods inventory and ending inventories budget First, prepare the budgeted unit cost of ending finished goods inventory. (Round the hours to four decimal places and the totals to two decimal places.) Unit Costs of Ending Finished Goods Inventory April 30 Product Product inform Cat-allac Dog-errific Cost per Input per Input per Input Prices unit of unit of unit of Direct materials input output Total output Total Plastic Plastic $ 4 3 lbs. $ 12.00 5 lbs $ 20.00 Metal Metal 3 0.5 lbs 1.50 1 lb. 3.00 Direct manufac Direct manufacturing labor 10 3 hrs. 5 hrs 50.00 Machine setup 100 0.0750 hrs 0.2500 hrs Input Quantities 25.00 Processing 5 10 MH 16 MH 80.00 0.40 Direct materials Inspection 16 0.0750 hrs 1.20 Plastic Total 101.40 $ 179.20 Metal Now prepare the ending inventories budget. (Enter costs per unit to the nearest cent and round your answers to the neares Direct manufactu Ending Inventories Budget Machine-hours (M April 30 Inventory Inform Quantity Cost per unit Total Direct materials Beginning inventa Plastic 350 $ 4 Target ending inve Metal 50 150 3 1.550 Cost of beginning 30.009 7.50 50.00 0.0250 hrs 1,400 Finished goods Cat-allac 35 $ 101.40 3,549 2,688 Dog-errific 15 179.20 6,237 7,787 Total ending inventory Account info $ 7,080 Requirement 7. Prepare the cost of goods sold budget. Cost of Goods Sold Budget For the Month of April Beginning finished goods inventory, April 1 Direct materials used $ Direct manufacturing labor Manufacturing overhead Cost of goods manufactured Cost of goods available for sale Deduct ending finished goods inventory, April 30 11,688 25,600 Sales and/ 51,348 88,636 95,716 6,237 Expected sa Selling price Target endir Beginning in Beginning in Pet Transport us $ 89,479 Cost of goods sold Requirement 8. Prepare the nonmanufacturing costs budget. (Round your answers to the nearest whole dollar.) Requirement 8. Prepare the nonmanufacturing costs budget. (Round your answers to the nearest whole dollar.) $ Nonmanufacturing Costs Budget For the Month of April Salaries $ 17,850 Other fixed costs 17,000 1 763 Sales commissions 1,763 36.613 Total nonmanufacturing costs Requirement 9. Prepare the budgeted income statement (ignore income taxes). (Use parentheses or a minus sign for operating losses.) Budgeted Income Statement For the Month of April Revenues $ 176,300 Accoun 89,479 Cost of goods sold Gross margin 86,821 Sale: 36,613 Operating (nonmanufacturing) costs $ 50,208 Operating incomel(loss) Expe Requirement 10. How does preparing the budget help Pet Transport's management team better manage the company? Sellir Preparing the budget helps Pet Transport's management team: (Select all that apply.) manage costs based on revenues and production needs. look for ways to increase efficiencies and reduce costs. Begir Pet Trans coordinate and communicate across different parts of the organization. create a framework for judging performance. Targe Begir - X Account information Product information Input Prices Direct materials Plastic Metal Direct manufacturing labor S $ 4 per pound S 3 per pound $ 14 per direct manufacturing labor hour Sales and Inventory Information, Finished Goods Cat-allac Dog-eriffic Expected sales in units 580 215 Selling price $ 190 $ 260 Target ending inventory in units 45 25 Beginning inventory in units 25 40 Beginning inventory in dollars $ $ 2.500 $ 7,440 Pet Luggage uses a FIFO cost-flow assumption for finished-goods inventory. Input Quantities per Unit of Output Cat-allac Dog-eriffic - X Other information Direct materials Plastic Metal Direct manufacturing labor-hours (DMLH) Machine-hours (MH) 3 pounds 0.5 pounds 3 hours 13 MH 5 pounds 1 pound 5 hours 19 MH Cost Driver Information Inventory Information, Direct Materials Plastic Metal 290 pounds Beginning inventory Target ending inventory Cost of beginning inventory 390 pounds 60 pounds 50 pounds 168 Cat-allac Dog-errific Number of units per batch 25 10 Setup time per batch 1.25 hours 2.00 hours Inspection time per batch 0.5 hours 0.6 hour If necessary, round up to calculate number of batches. Nonmanufacturing fixed costs for March equal $38,000, half of which are salaries. Salaries are expected to increase 5% in April. Other nonmanufacturing fixed costs will remain the same. The only variable nonmanufacturing cost is sales commission, equal to 1% of sales revenue, $ 1,131 $ Drint Dono ::T Pet Luggage Company makes two pet cartiers, the Cat-alac and the Dog-erific. They are both made of plastic with metal doors, but Pet Luggage Lises an activity-based costing system and classifies overhead into three activity podle: Setup. Processing, and Inspection the Cal-alls is smaller Information for the ting products for the month of Apuli is given in the following latles: Activity rates for these activities are $130 per setup-lour $5 per machine and $20 per inspection-houl respectively. Other E (Click the loon to view the Information for the two products.) information flow Pet Luggage accounts for direct materials using a FIFO cost-flow assumption. Click the icon to view the other information. (Click the icon to view the account information. Read the restments ..... vupuu IULI produced per unit houre wage rate Total X Cat alla 600 Requirements 3 1,800 3 14 25,200 3 14.000 Dag erillic 200 5 1,000 14 3 39,200 Prepare the following for April: 1. Revenues budget Requirement 5. Prepare the manufacturing overhead cost budgets for each of the three activities. 2. Production budget in units 3. Direct material usage budget and direct material purchases budget Begin the manufacturing overhead coast budget for each of the three civilies by list calculating the local setup line 4. Direct manufacturing labor cost budget Cat-allac Dog.errific Total 5. Manufacturing overhead cost budgets for each of the three actvities Units to be produced 600 200 6. Buigeledunill ofering finished goods inventory and ending inventories budget 25 10 Units per alch ! 7. Cost of goods sold budget Number of batches 24 20 8. Non manufacturing costs budget 1.25 2.00 9. Budgeted Income statement ignore Income taxes) Setu time per batch X hrs. hrs. 10. How does preparing the budget help Pet Luggage's management team sa 40 70 Total setup time better manage the company? hrs. hrs. hrs. Next calculate the budgeted cost for each activity. Begin by determining the formula, then calculating the amount. The first cost is budgeted machine setup costs. Activity rate per setup hr. Total setup time = Budgeted machine setup costs $ 130 70 = $ 9.100 x Print Done Now dele mine the urmul: tar turige led pocessing costs, then calculate the exist Budgeted Budgeted Budgeted machine hrs.-Car-alia machine hrs.-Dog-erritox Activity rate per machine hr. - processing 003 costs 11x 1 Product information Other information Input Prices Direct materials Plastic $ 4 per pound Metal $ 3 per pound Direct manufacturing labor $10 per direct manufacturing labor hour Input Quantities per Unit of Output Cat-allac Dog-eriffic Direct materials Plastic 3 pounds 5 pounds Metal 0.5 pounds 1 pound Direct manufacturing labor-hours (DMLH) 3 hours 5 hours Machine-hours (MH) 10 MH 16 MH Cost Driver Information Cat-allac Dog-errific Number of units per batch 20 8 Setup time per batch 1.50 hours 2.00 hours Inspection time per batch 0.5 hours 0.6 hour If necessary, round up to calculate number of batches. Nonmanufacturing fixed costs for March equal $34,000, half of which are salaries. Salaries are expected to increase 5% in April. Other nonmanufacturing fixed costs will remain the same. The only variable nonmanufacturing cost is sales commission, equal to 1% of sales revenue. Print Done Inventory Information, Direct Materials Metal 60 pounds Beginning inventory Target ending inventory Cost of beginning inventory Plastic 280 pounds 350 pounds 1,176 Requirements 50 pounds 192 $ $ Print Done Prepare the following for April: 1. Revenues budget 2. Production budget in units 3. Direct material usage budget and direct material purchases budget 4. Direct manufacturing labor cost budget 5. Manufacturing overhead cost budgets for each of the three activities 6. Budgeted unit cost of ending finished goods inventory and ending inventories budget 7. Cost of goods sold budget 8. Nonmanufacturing costs budget 9. Budgeted income statement (ignore income taxes) 10. How does preparing the budget help Pet Transport's management team better manage the company? Account information Print Done Sales and Inventory Information, Finished Goods Cat-allac Dog-eriffic Expected sales in units 500 215 Selling price $ 215 $ 320 Target ending inventory in units 35 15 Beginning inventory in units 15 30 Beginning inventory in dollars $ 1,500 $ Pet Transport uses a FIFO cost-flow assumption for finished-goods inventory 5,580 Requirement 5. Prepare the manufacturing overhead cost budgets for each of the three activities. Begin the manufacturing overhead cost budgets for each of the three activities by first calculating the total setup time. Beginning inventory Target ending inventory Cost of beginning invento Total Cat-allac 520 Dog-errific 200 20 8 / Units to be produced Units per batch Number of batches Setup time per batch 26 25 2.00 hrs. X 1.50 hrs. 39 50 89 Total setup time hrs. hrs. hrs Next, calculate the budgeted cost for each activity. Begin by determining the formula, then calculating the amount. The first cost is budgeted machine setup costs. Activity rate per setup hr. Total setup time Budgeted machine setup costs 100 89 8.900 Account informat Now determine the formula for budgeted processing costs, then calculate the cost Sales and Inventor Budgeted machine hrs.-Cat-allac Budgeted machine hrs.-Dog-errific 3,200 x Activity rate per machine hr. ) x 5 5 Budgeted processing costs 42.000 ( 5,200 Next determine the formula, then calculate the last cost, budgeted inspection costs. (Round the hours to one decimal place.) Budgeted ( inspection hrs.-Cat-allac ( 13.0 Budgeted inspection hrs.-Dog-errific ')x Activity rate per inspection hr. 15.0 ) x $ 16 Budgeted = inspection costs 448 Expected sales in un Selling price Target ending invent Beginning inventory Beginning inventory Pet Transport uses a FIF Now prepare the manufacturing overhead cost budgets for each of the three activities. Manufacturing Overhead Budget For the Month of April Machine setup costs 8.900 Processing costs 42.000 C Help me solve this Etext pages Get more help 448 Inspection costs $ 51,348 Total Requirement 6. Prepare the budgeted unit cost of ending finished goods inventory and ending inventories budget First, prepare the budgeted unit cost of ending finished goods inventory. (Round the hours to four decimal places and the totals to two decimal places.) Unit Costs of Ending Finished Goods Inventory April 30 Product Product inform Cat-allac Dog-errific Cost per Input per Input per Input Prices unit of unit of unit of Direct materials input output Total output Total Plastic Plastic $ 4 3 lbs. $ 12.00 5 lbs $ 20.00 Metal Metal 3 0.5 lbs 1.50 1 lb. 3.00 Direct manufac Direct manufacturing labor 10 3 hrs. 5 hrs 50.00 Machine setup 100 0.0750 hrs 0.2500 hrs Input Quantities 25.00 Processing 5 10 MH 16 MH 80.00 0.40 Direct materials Inspection 16 0.0750 hrs 1.20 Plastic Total 101.40 $ 179.20 Metal Now prepare the ending inventories budget. (Enter costs per unit to the nearest cent and round your answers to the neares Direct manufactu Ending Inventories Budget Machine-hours (M April 30 Inventory Inform Quantity Cost per unit Total Direct materials Beginning inventa Plastic 350 $ 4 Target ending inve Metal 50 150 3 1.550 Cost of beginning 30.009 7.50 50.00 0.0250 hrs 1,400 Finished goods Cat-allac 35 $ 101.40 3,549 2,688 Dog-errific 15 179.20 6,237 7,787 Total ending inventory Account info $ 7,080 Requirement 7. Prepare the cost of goods sold budget. Cost of Goods Sold Budget For the Month of April Beginning finished goods inventory, April 1 Direct materials used $ Direct manufacturing labor Manufacturing overhead Cost of goods manufactured Cost of goods available for sale Deduct ending finished goods inventory, April 30 11,688 25,600 Sales and/ 51,348 88,636 95,716 6,237 Expected sa Selling price Target endir Beginning in Beginning in Pet Transport us $ 89,479 Cost of goods sold Requirement 8. Prepare the nonmanufacturing costs budget. (Round your answers to the nearest whole dollar.) Requirement 8. Prepare the nonmanufacturing costs budget. (Round your answers to the nearest whole dollar.) $ Nonmanufacturing Costs Budget For the Month of April Salaries $ 17,850 Other fixed costs 17,000 1 763 Sales commissions 1,763 36.613 Total nonmanufacturing costs Requirement 9. Prepare the budgeted income statement (ignore income taxes). (Use parentheses or a minus sign for operating losses.) Budgeted Income Statement For the Month of April Revenues $ 176,300 Accoun 89,479 Cost of goods sold Gross margin 86,821 Sale: 36,613 Operating (nonmanufacturing) costs $ 50,208 Operating incomel(loss) Expe Requirement 10. How does preparing the budget help Pet Transport's management team better manage the company? Sellir Preparing the budget helps Pet Transport's management team: (Select all that apply.) manage costs based on revenues and production needs. look for ways to increase efficiencies and reduce costs. Begir Pet Trans coordinate and communicate across different parts of the organization. create a framework for judging performance. Targe Begir - X Account information Product information Input Prices Direct materials Plastic Metal Direct manufacturing labor S $ 4 per pound S 3 per pound $ 14 per direct manufacturing labor hour Sales and Inventory Information, Finished Goods Cat-allac Dog-eriffic Expected sales in units 580 215 Selling price $ 190 $ 260 Target ending inventory in units 45 25 Beginning inventory in units 25 40 Beginning inventory in dollars $ $ 2.500 $ 7,440 Pet Luggage uses a FIFO cost-flow assumption for finished-goods inventory. Input Quantities per Unit of Output Cat-allac Dog-eriffic - X Other information Direct materials Plastic Metal Direct manufacturing labor-hours (DMLH) Machine-hours (MH) 3 pounds 0.5 pounds 3 hours 13 MH 5 pounds 1 pound 5 hours 19 MH Cost Driver Information Inventory Information, Direct Materials Plastic Metal 290 pounds Beginning inventory Target ending inventory Cost of beginning inventory 390 pounds 60 pounds 50 pounds 168 Cat-allac Dog-errific Number of units per batch 25 10 Setup time per batch 1.25 hours 2.00 hours Inspection time per batch 0.5 hours 0.6 hour If necessary, round up to calculate number of batches. Nonmanufacturing fixed costs for March equal $38,000, half of which are salaries. Salaries are expected to increase 5% in April. Other nonmanufacturing fixed costs will remain the same. The only variable nonmanufacturing cost is sales commission, equal to 1% of sales revenue, $ 1,131 $ Drint Dono ::T Pet Luggage Company makes two pet cartiers, the Cat-alac and the Dog-erific. They are both made of plastic with metal doors, but Pet Luggage Lises an activity-based costing system and classifies overhead into three activity podle: Setup. Processing, and Inspection the Cal-alls is smaller Information for the ting products for the month of Apuli is given in the following latles: Activity rates for these activities are $130 per setup-lour $5 per machine and $20 per inspection-houl respectively. Other E (Click the loon to view the Information for the two products.) information flow Pet Luggage accounts for direct materials using a FIFO cost-flow assumption. Click the icon to view the other information. (Click the icon to view the account information. Read the restments ..... vupuu IULI produced per unit houre wage rate Total X Cat alla 600 Requirements 3 1,800 3 14 25,200 3 14.000 Dag erillic 200 5 1,000 14 3 39,200 Prepare the following for April: 1. Revenues budget Requirement 5. Prepare the manufacturing overhead cost budgets for each of the three activities. 2. Production budget in units 3. Direct material usage budget and direct material purchases budget Begin the manufacturing overhead coast budget for each of the three civilies by list calculating the local setup line 4. Direct manufacturing labor cost budget Cat-allac Dog.errific Total 5. Manufacturing overhead cost budgets for each of the three actvities Units to be produced 600 200 6. Buigeledunill ofering finished goods inventory and ending inventories budget 25 10 Units per alch ! 7. Cost of goods sold budget Number of batches 24 20 8. Non manufacturing costs budget 1.25 2.00 9. Budgeted Income statement ignore Income taxes) Setu time per batch X hrs. hrs. 10. How does preparing the budget help Pet Luggage's management team sa 40 70 Total setup time better manage the company? hrs. hrs. hrs. Next calculate the budgeted cost for each activity. Begin by determining the formula, then calculating the amount. The first cost is budgeted machine setup costs. Activity rate per setup hr. Total setup time = Budgeted machine setup costs $ 130 70 = $ 9.100 x Print Done Now dele mine the urmul: tar turige led pocessing costs, then calculate the exist Budgeted Budgeted Budgeted machine hrs.-Car-alia machine hrs.-Dog-erritox Activity rate per machine hr. - processing 003 costs 11x 1