MAKE UP A FICTIONAL COMPANY

(Every step needs to have an extremely detailed explination)

Part l

1. One paragraph explaining the type of company and what it manufactures.

2. One paragraph of the manufacturing process and the material and labor that is needed. 3. Create budget data that will include: a) Units sales b) Unit selling price

c) Desired inventory

d) Direct material per unit e) Desired ending Direct material inventory. f) Direct material cost per pound g) Direct labor hours per unit h) Direct labor cost per hour i) Variable cost j) Fixed cost k) Selling and Administrative cost

Part ll

Sales Budget

Production Budget

Direct Material Budget

Direct Labor Budget Manufacturing Overhead Budget Selling and Administrative Budget Cost per unit schedule

Budget income Statement

Part III

Conclusion