ION Cheyenne Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below. JB 50JB 60 Anticipated volume in units Unit selling price 403,400 201,800 $27 Try th $22 Production budget: Desired ending finished goods units 27,500 17,200 32,800 13,800 w Beginning finished goods units ht Direct s budget: Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 31,100 42,600 $2 17,800 12,000 $3 . Re Direct labor budget Direct labor time per unit Direct labor rate per hour 0.3 $10 $10 Budgeted income statement: Total unit cost $13 $22 s acoustion assistant bas orenared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows seling expis $662,000 for product JB 50 and $361,000 for product J8 60, and administrative expenses of $541,000 for p SSO,000 (not allocated to products), income taxes are expected to be 30%. product J8 50 and $345,000 for product 38 60. Interest expense All Rights R A Divison of 1216 PM Hm pag Try th (a) Your answer is correct. Prepare the sales budget for the year CHEYENNE INC. Sales Budget For the Year Ending December 31, 2017 ht JB 50 JB 60 Total . Se Expected unit sales 403400 201800 Unit selling price 27 or REI Total sales 448 14323400 8874800 Detail LINK TO TEXT LINK TO TEXT Sons, Inc, All Rights Reserved. A Division o Your answer is correct. Hm Prepare the production budget for the year. CHEYENNE INC. Production Budget Try th For the Year Ending December 31, 2017 JB 50 JB 60 htExpected Unit Sales 403400 201800 sired Ending Finished Goods Units 27500 17200 orTotal Required Units 430900 219000 Beginning Finished Goods Units 32800 13800 3981001 L-2052001 Require d Production Units LINK TO TEXT LINK TO TEXT Attempts: 3 of D, (c) Prepare the direct materials budget for the year CHEYENNE INC Direct Materials Budget Hm pag Try th JB 50 JB 60 Total Desired Ending Direct Materials Total Required Units wDesired Ending Finished Goods Units htCost per Pound Total Direct Labor Cost Units to be Produced SExpected Unit Sales h Total Cost of Direct Materials Purchases Goods Units Total Required Direct Labor Hours Direct Labor Time per Unit Direct Labor Cost per Hour Direct Materials per Unit Total nc, All Rights R ed. A Division of Type here to search