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I will post 3 question on this long question, please find them together and answer all together soon.just answer part1 Donna Clark is preparing the

I will post 3 question on this long question, please find them together and answer all together soon.just answer

part1

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Donna Clark is preparing the 2022 budget for one of Current Designs' rotomoulded kayaks. Extensive meetings with members of the sales department and executive team have resulted in the following unit sales projections for 2022. Quarter 1 2,600 kayaks Quarter 2 3,000 kayaks 2,400 kayaks Quarter 3 Quarter 4 2,400 kayaks Current Designs' policy is to have finished goods ending inventory in a quarter equal to 30% of the next quarter's anticipated sales. Preliminary sales projections for 2023 are 1,100 units for the first quarter and 3,000 units for the second quarter. Ending inventory of finished goods at December 31, 2021, will be 780 rotomoulded kayaks. Production of each kayak requires 50 kg of polyethylene powder and a finishing kit (rope, seat, hardware, etc). Company policy is that the ending inventory of polyethylene powder should be 25% of the amount needed for production in the next quarter. Assume that the ending inventory of polyethylene powder on December 31, 2021. is 22.000 kg. The finishing kits can be assembled as they are needed. As a result, Current Designs does not maintain a significant inventory of the finishing kits. The polyethylene powder used in these kayaks costs $1.20 per kilogram, and the finishing kits cost $140 each. Production of a single kayak requires 5 hours of time by more experienced, type I employees and 6 hours of finishing time by type II employees. The type I employees are paid $18 per hour, and the type II employees are paid $15 per hour. Selling and administrative expenses for this line are expected to be $45 per unit sold plus $7,500 per quarter. Manufacturing overhead is assigned at 140% of labour costs. Prepare the production budget for this product line by quarter and in total for 2022. CURRENT DESIGNS Production Budget For the Year Ending December 31, 2022 Q2 Q1 Prepare the production budget for this product line by quarter and in total for 2022. CURRENT DESIGNS Production Budget For the Year Ending December 31, 2022 Q2 Q3 Q4 TOTAL Prepare the direct materials budget for this product line by quarter and in total for 2022. (Round cost per kg to 2 decimal places, eg 12.25 and other answers to decimal places, eg 125.) CURRENT DESIGNS Direct Materials Budget--Polyethyleni For the Year Ending December 31, Quarter Q1 Q2 S $ CURRENT DESIGNS Direct Materials Budget--Polyethylene For the Year Ending December 31,- Quarter Q1 Q2 Production in units Total cost for direct materials Cost of kits Cost per kg Beginning inventory DM needed for production Required ending inventory Total cost of DM Total kg required DM purchases required (kg) kg of DM per unit

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