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materials budgets are as follows. Sales. Sales for the year are expected to total 920,000 units. Quarterly sales are 21%,23%,23%, and 33%, respectively, The unit
materials budgets are as follows. Sales. Sales for the year are expected to total 920,000 units. Quarterly sales are 21%,23%,23%, and 33%, respectively, The unit selling price is expected to be $38 for the first three quarters and $46 beginning in the fourth quarter. Sales in the first quarter of 2023 are expected to be 15% higher than the budgeted sales for the first quarter of 2022 . Production. Management desires to maintain the ending finished goods inventories at 25% of the next quarter's budgeted sales volume. Direct materials. Each unit requires 2 pounds of raw materials at a cost of $12 per pound. Management desires to maintain raw materials inventories at 10% of the next quarter's production requirements. Assume the production requirements for first quarter of 2023 are 414,000 pounds. Coronado budgets 0.2 hours of direct labor per unit, labor costs at $12 per hour, and manufacturing overhead at $17 per direct labor hour. Its budgeted selling and administrative expenses for 2022 are $5,520.000. (a) Calculate the budgeted total unit cost. (Round answer to 2 decimal places, e.9. 12.25.) Total unit cost eTextbook and Media Assistance Used Attempts: 0 of 3 used (b) The parts of this question must be completed in order, This part will be available when you complete the part above
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