LEEcompany is doing the budget for month November 2021.The following data are provided.

The company manufactures tables for schools

Sales in units	36,250
Budgeted manufacturing overhead	$25000
Budgeted activity [DLH]	6600 hours
Desired Ending Inventory	2100 units
Beginning Inventory (production)	1600 units
Hourly Rate for Direct Labour	$37.20

For each television produced , they need 3 square feet of wood and metal that cost $54.50 per square foot. The company started the month with 450 TV in stock and it has decided to keep 300 TV as ending inventory

The company uses 5 hours of direct labour to make one TV.

The company uses DLH as the cost driver to allocate manufacturing overhead

At the end of production it charges 35% margin over the unit cost

REQUIRED

1. Make a production budget in units

2. Prepare a budget for the raw materials needed

3. Prepare a direct labour budget for the month

4. Allocate cost to manufacturing overhead using direct labour hours as the activity [company uses Plant wide Predetermined Rate ]

5. What is the budgeted total product cost? Calculate the unit cost.

6. Using the margin provided, make a sales budget for the month