In-Class Budgeting Project 4 3 Sales Projections in Units January February March April 5 6 22,266 27,344 35,742 45,644 44,685 8 May 9 10 Projected Sales Price/Unit $ 487.00 11 13 12 Monthly Projected Selling & Administrative Expenses Variable Cost/Unit $ 13.00 Fixed Costs $3,295 14 15 16 Production: Desired Ending Inventory Beginning Inventory (new business) 17 71.1% 0 18 19 20 Materials 84.0% 11.00 $22.00 21 Desired Ending Inventory 22 Number of Materials per Unit 23 Projected Cost/Material Unit Beginning Inventory (new business) 25 26 Direct Labor Time per Unit (in hours) 28 Cost per Hour 24 0 27 2.00 $13.00 29 30 Manufacturing Overhead Variable Cost/Unit 31 $4.00 32 Fixed Costs $8,127 33 2 SALES BUDGET January February March 3 April Projected Sales in Units 4 Selling Price per Unit 5 Anticipated Sales Dollars 6 4 SELLING & ADMINISTRATIVE (S&A) EXPENSE BUDGET January February March 5 April Sales in Units 6 Variable S&A Rate/Unit 7 Anticipated Variable Costs 8 9 Fixed S&A Costs Total Anticipated Selling & 10 Administrative Costs 1 PRODUCTION BUDGET January February March April 3 Sales in Units 4 Desired Ending Inventory in Units 5 Total Units Needed 6 Beginning Inventory 7 Total Production in Units