KK The Chen Corporation manufactures and sells two products: Thingone and Thingtwo. In July 2019, Chen's budget department gathered the following data to prepare budgets for 2020: (Click the icon to view the budget data.) (Click the icon to view the actual and projected direct materials data.) (Click the icon to view the projected direct manufacturing labor data.) Manufacturing overhead is allocated at the rate of $24 per direct manufacturing labor-hour. To be used in production Thingone Thingtwo Total Add target ending inventory DCED A B C

The Chen Corporation manufactures and sells two products: Thingone and Thingtwo. In July 2019, Chen's budget department gathered the following data to prepare budgets for 2020 : (Click the icon to view the budget data) projected direct materials data.) Click the icon to view the actual and (Click the icon to view the projected direct manufacturing labor data.) Manufacturing overhead is allocated at the rate of \$24 per direct manufacturing labor-hour. The Chen Corporation manufactures and sells two products: Thingone and Thingtwo. In July 2019 , Chen's budget department gathered the following data to prepare budgets for 2020 : (Click the icon to view the budget data) Click the icon to view the actual and projected direct materials data.) (Click the icon to view the projected direct manufacturing labor data) Manufacturing overhead is allocated at the rate of \$24 per direct manufacturing labor-hour. 2020 Projected Sales 2020 Inventories in Units Projected Direct Manufacturing Labor Data Projected direct manufacturing labor requirements and rates for 2020 are: Actual and Projected Direct Materials Data The following direct materials are used in the two products: Actual and Projected Direct Materials Data Projected data for 2020 for direct materials are: For the Year Ending December 31, 2020 Requirement 2. What questions might the CEO ask the marketing manager when reviewing the revenues budget? Explain briefly. (Select all that apply.) Should the company increase marketing and advertising spending to grow sales? Is the revenue growing faster than the market? Would increasina the sales force or aivina salespersons stronqer incentives result in hiaher sales? Requirement 3. Prepare the production budget (in units). Production Budget (in Units) For the Year Ending December 31, 2020 Requirement 4. Prepare the direct material purchases budget (in quantities). (For entries with a 0 balance, make sure to enter " 0 " in the appropriate field.) Direct Materials Purchases Budget (in Quantities) For the Year Ending December 31, 2020 The Chen Corporation manufactures and sells two products: Thingone and Thingtwo. In July 2019, Chen's budget department gathered the following data to prepare budgets for 2020 : (Click the icon to view the budget data) projected direct materials data.) Click the icon to view the actual and (Click the icon to view the projected direct manufacturing labor data.) Manufacturing overhead is allocated at the rate of \$24 per direct manufacturing labor-hour. The Chen Corporation manufactures and sells two products: Thingone and Thingtwo. In July 2019 , Chen's budget department gathered the following data to prepare budgets for 2020 : (Click the icon to view the budget data) Click the icon to view the actual and projected direct materials data.) (Click the icon to view the projected direct manufacturing labor data) Manufacturing overhead is allocated at the rate of \$24 per direct manufacturing labor-hour. 2020 Projected Sales 2020 Inventories in Units Projected Direct Manufacturing Labor Data Projected direct manufacturing labor requirements and rates for 2020 are: Actual and Projected Direct Materials Data The following direct materials are used in the two products: Actual and Projected Direct Materials Data Projected data for 2020 for direct materials are: For the Year Ending December 31, 2020 Requirement 2. What questions might the CEO ask the marketing manager when reviewing the revenues budget? Explain briefly. (Select all that apply.) Should the company increase marketing and advertising spending to grow sales? Is the revenue growing faster than the market? Would increasina the sales force or aivina salespersons stronqer incentives result in hiaher sales? Requirement 3. Prepare the production budget (in units). Production Budget (in Units) For the Year Ending December 31, 2020 Requirement 4. Prepare the direct material purchases budget (in quantities). (For entries with a 0 balance, make sure to enter " 0 " in the appropriate field.) Direct Materials Purchases Budget (in Quantities) For the Year Ending December 31, 2020