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I need help with 1 through 4 please 1. Avery Company has compiled the following data for the upcoming year: Sales are expected to be
I need help with 1 through 4 please
1. Avery Company has compiled the following data for the upcoming year: Sales are expected to be 3,100 units at $42 each. Each unit requires 2 pounds of direct materials at $2.4 per pound. Each unit requires 1.8 hours of direct labor at $15 per hour. Manufacturing overhead is $4 per unit. Selling and administrative costs are $7 per unit What is Avery's budgeted cost of goods sold? 2. Preston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 410 units in July and 650 units in August. Each unit requires 9 feet of wood at a cost of $1.2 per foot. Preston wants to always have 20% of the next month's required feet of wood on hand in materials inventory. What is Preston's raw materials purchases budget for July? 3. Big Three Company produces televisions. Budgeted sales for February are 1,100 units. Finished goods inventory on February 1 is budgeted to be 280 units, and Finished goods inventory on February 28 is budgeted to be 110 units. What is the budgeted production for February? 4. Ginobili has forecast sales to be $120,800 in February, $155,100 in March, $160,500 in April, and $177,600 in May. 64% of sales are on made on credit, the rest are for cash. The sales on credit are collected 40% in the month of sale, and 60% the month following. What are the total budgeted cash receipts in April
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