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I'm not sure what I need to be creating here. I'm used to having some of the overhead laid out a bit better. Can someone
I'm not sure what I need to be creating here. I'm used to having some of the overhead laid out a bit better. Can someone help me?
Thompson Inc. makes blankets. The company has provided the following information. Please complete the master budget using the information provided. S 130 units 350 dollars 12 blankets 22 blankets $ S 120.00 per blanket 212.00 per blanket 4 yards 1 patches per blanket per blanket Expected Sales for March Expected Selling Price Beginning Finished Goods Inventory Desired Ending Finished Goods Inventory - Materials Requirements Wool Logo Patch 1 Direct Materials Inventory 2 Wool 03/01/2019 3 Logo Patches 03/01/2019 4 Wool 03/31/2019 Logo Patches 01/31/2019 5 Direct Manufacturing Labor 7 Variable Manufacturing Overhead 3 Fixed Manufacturing Costs 9 Budgeted Total Manufacturing Cost Per Unit o Variable Marketing Costs 1 Fixed Selling and Administrative Costs 2 FIFO Inventory Method 35 yards 45 patches 25 yards $ 25 patches 3 hours per blanket $ $ S $ 38 visits $ $ 9.00 per board blanket 7.00 per patch 10.00 per yard 7.00 per patch 27.00 per hour 16.00 per direct labor hour 14.640 66.00 120.00 per visit 4,500 m Thompson Inc. makes blankets. The company has provided the following information. Please complete the master budget using the information provided. S 130 units 350 dollars 12 blankets 22 blankets $ S 120.00 per blanket 212.00 per blanket 4 yards 1 patches per blanket per blanket Expected Sales for March Expected Selling Price Beginning Finished Goods Inventory Desired Ending Finished Goods Inventory - Materials Requirements Wool Logo Patch 1 Direct Materials Inventory 2 Wool 03/01/2019 3 Logo Patches 03/01/2019 4 Wool 03/31/2019 Logo Patches 01/31/2019 5 Direct Manufacturing Labor 7 Variable Manufacturing Overhead 3 Fixed Manufacturing Costs 9 Budgeted Total Manufacturing Cost Per Unit o Variable Marketing Costs 1 Fixed Selling and Administrative Costs 2 FIFO Inventory Method 35 yards 45 patches 25 yards $ 25 patches 3 hours per blanket $ $ S $ 38 visits $ $ 9.00 per board blanket 7.00 per patch 10.00 per yard 7.00 per patch 27.00 per hour 16.00 per direct labor hour 14.640 66.00 120.00 per visit 4,500 mStep by Step Solution
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