Merchant Co$.$ expects to sell $10,000$ units at $$120$ each. Each unit is expected to require $2$lbs$.$ of material @ $$10/$lb$.$ and $3$ direct labor hours @ $$5/$DLH$.$ The overhead rate is estimated to be $$15/$DLH$.$ The beginning inventories are: DM $1,000$ lbs$.$ and Finished Goods $2,000$ units. The budgeted ending inventories are: DM $2,000$ lbs$.$ and Finished Goods $1,000$ units.

Sales units$=10,000$

$$/$Sale $=$ $$120$

Raw Mat$/$Unit $=2$lb

$$/$lb $=$ $$10$

hr$/$unit $=3$hrs

$$/$hr $=$ $$5$

Overhead$/$DLH $=$ $$15$

Beg Mat Inv $=1000$lb

End Mat Inv $=2000$lb

Beg FG Inv $=2000$unit

End Mat Inv $=1000$unit

What is Merchant Co's budgeted sales $($in $$)?=$ Units X Sell Price $10,000$ X $$120=$ $$1,200,000$

What is Merchant Co's budgeted production $($in units$)?$

Assuming a production of $9,500$ units, what is the budgeted materials purchase $($in lbs$.$& $$)?$

Based on your answer to $(2),$ what is the budgeted cost per unit?

Based on your answer to $(2),$ what is the budgeted cost of goods sold?

Based on your answer to $(2),$ what is the budgeted cost for DL & FOH respectively?