Leamco Sales Budget X The sale budetene prior years as a starting point and the sales quantities wervised for various factors such as planned advertising and promotion projected pricing changes and expected industry and general economic conditions LeamCo mas completed reviewing ta prior year's sales and has prepared the following sales budget Atherwing Loucos sales budget you note that the numbers have been omitted. The company's controller has told you that the units sold for the base and Delise models are expected to be me some fun memang amounts Learco Sales Budget For the Year Ending December 31, 2012 Product Unit Sales Volume Unit Selling Price Total Sales Basic Abacus 5600 $216.000 Deluxe Abacus 504.000 Total 72,000 $720,000 Production Budget The production sdot should be tarted with the sales budget to ensure that production and sales we kept in balance during the year. The production boost is the number of units to be manufactured to meet budgeted sales and desired inventory levels Vow now that Lamco u omitted a numbers from the blowing production budget and to in the missing amounts. You may need to use numbers from the males budget you prepared Leanco Production Budget For the Year Ending December 31, 2012 Units Basie Units Deluxe Expected units to be sold (from Sales Budget Desired ending inventory, December 31, 2012 1,000 3.000 Total units available Estimated beginning invertory, January 1, 2012 (1.050) 12.1001 Total units to be produced ProJeton Budget Direcl Materials Purchases Budget Production Budget Dired Materials Purchase Budget The direct materials such budou should be integrated with the production budget to ensure that production is not interrupted during the year. This believe the quart o deset materials to be purchased to support budgeted production song with desired mentory levels of direct material thefore you make any change to me budget yourse the information in the blowing Direct Material Draw and enter the one to be produced from the Production Budget parel Ane scaring the direct material phases budget (which follows the Direct Material Dato They come famous omitted quia tw numbers to budget for in the many mo. You may need to use ones omne Dil Mera De Table, or from the sale budget and production budget you propued when required round your were to the nearest to Direct Materials Data Table Wood Preces Beade Packages required perunt Bassbow 2 De abacus Coster package Wood pieces $0.25 $0.25 Urts to be produced from Production Budget Production Budget Direct Materials Purchases Budget Learn TAL... Direct Materials Purchases Budget For the Year Ending December 31, 2012 Direct Materiais Wood Pro Beads Total Packages required for production Basics Deluxe bad Desired invertory, December 31, 2012 2.200 5.000 Tal packages valable Estimated Inventory, January 1, 2012 (3.500) 14.500) Total packages to be purchased ws Unt price per package x 5 Total de materials to be purchased $ $ $72,888 Lamco faes Bapa Production Budget Dract Materials Purchases Budget Diced Labor Cost Budget Director needs from the decat cost be should be coordinated between the production and personnel departments to where we be enough borilable for production Before you make any changes to the budget you review the normation flowing her Labor Date Table and enter the ints to be proud from the Productos de Ater scaring the Direct Labor Couture which allows the Direct Laber Osts Tabuk, you cover Lenco has one gute w ubers from the budget og amount. You may need to use numbers from the labor Date Timor Tom the budget production it and direct materiale purchases by pad when required for your answers to the door Direct Labor Data Table Glung Assembly 0.10 0.10 0.10 0.20 Hour required petunt Bastacut Deluwesto Labor hourly rate Gluing Assembly Un to be produced from Production de Basic bacus Deluxe $12.00 $17.00 Direct Phases But 10 Ocect Labor Cost Budget BCN Labor hourly rate Gluing Assembly Units to be produced from Production Budget Basie abacus Deluxe $12.00 $17.00 Leamco Direct Labor Cost Budget Total For the Year Ending December 31, 2012 Gluing Assembly Hours required for production Basie abacus Delbo Total Hourly rate $ Totul direct laboros s $273.905 Det Labor Cost Budget Factory Overhead Cost Budget The to.head contudont should be negrated in the production budget to ensure that production is not intemeled during the year. This budget may be supported by Departmental schedules which normally actory overhead costs to feed and variable costs so that department managers may monitor and evaluate the during the year. For simplicly Leamco has retseparated costs in this manner Allor reviewing the following factory overhead cost budget you note that Leance has completed the busper we won or one amount, the mount Learno Factory Overhead Cost Budget For the Year Ending December 31, 2012 Indirect factory was $5,400 Power and light Depreciation of plant and equipment 1.450 Total factory overhead cost $18.100 Wirts Budget Cost of Goods Sold Budget Complet the preparation of the cost of goods sou budger Lama, using information that follows provided by the control and using the precous budgets you have prepared Learco Cost of Goods Sold Budget For the Year Ending December 31, 20Y2 $9,870 Finished goods vertory, Jawy 1, 2012 Work in process inventory Jay 1, 2012 52.010 Direct mats $2.000 Direct materials inventory, January 1, 2012 Direct material purchases Cost of direct mall available for use Dired materials inventory, December 31, 2012 (1,800) Cost of direct material placed in production 5 Direct labor Learco Sales Dude Production Direct Materials Purch Budget Cost of Goods Sold Budget Dired material purchases Costa de materials available for Director inventory, December 31, 2012 (1.300) Cost of Grect material placed in production 5 Duratator Factory Overhead Total manufacturing out 11.250) Total work in proces during period Work in process inventory, December 31, 2012 Cost of good manufactured Cost of finished goods available for sale Finished goods inventory, December 31, 2012 (1.5003 Cost of goods sold