multiperiod budgeted income statement snd supporting budgets

Multiperiod budgeted income statement and supporting budgets Bellaire inc. gathered the following data for use in developing the budgets for the first quarter (January, February, March) of its fiscal year: a. Estimated sales at \$125 per unit: b. Estimated finished goods inventories: c. Work in process inventories are estimated to be insignificant (zero). d. Estimated direct materials inventories: e. Manufacturing costs: 1. Prepare a sales budget for the first quarter 2. Prepare a production budget for the first quarter. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Bellaire Inc. Production Budget 3. Prepare a direct materials purchases budget for the first quarter, For those boxes in which you must enter subtracted or negative numbers use a minus sign. 4. Prepare a direct labor cost budget for the first quarter: Bellaire Inc. Direct Labor Cost Budget Forthe Eiret Ousutan Eadina Maenh ot 5. Prepare a factory overhead cost budget for the first quarter. Bellaire Inc. Factory Overhead Cost Budget For the First Quarter Ending March 31 6. Prepare a cost of goods sold budget for the first quarter. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 7. Prepare a selling and administrative expenses budget for the first quarter. Enter all amounts as positive number Bellaire Inc. Selling and Administrative Expenses Budget Enrtha Eiret A.waron Endina wo...h of 8. Prepare a budgeted income statement with budgeted operating income for the first quarter. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 8. Prepare a budgeted income statement with budgeted operating income for the first quarter. For those boxes in which you must enter subtra or negative numbers use a minus sign