Information for Budget Question Sales Information Sales in units Sales Price March 600 200 $300 April 770 Production information Desired El in units 20% of next month MARCH Beginning inventory in units = 75 Material used wood Each unit requires 5 sq feet of wood Price per sq foot $12.00 this Desired El of wood 15% of ext month Raw Material Beginning inventory of wood in March=455 sq feet of Wood Direct labour Information Hourly rate $14.00 Direct labour required to make one unit is 3 hours. MANUFACTURING OVERHEAD Beg Finished good = $9000 End Finished Goods = $4000 Interest Exp $ 18,000 = Tax RATE =25% Selling/Adm Exp $23,000 Variable cost is based on direct labour ours and the predetermined rate is $3.00 per direct labour hour Fixed cost: Depreciation $2400 Rent = $1200 Supplies expense = $1700 Utilities = = $1500 Calculate the total product cost and the unit cost