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Need help with sales budget in managerial accounting Sales forecast for 20x0 (all units to be shipped in 20x0): . Units Price Product Light coil
Need help with sales budget in managerial accounting
Sales forecast for 20x0 (all units to be shipped in 20x0): . Units Price Product Light coil 63,000 330 Heavy coil 43,00043 Raw-material prices and inventory levels: Expected Inventories, Desired Inventories,Anticipated Raw Haterial Purchase Price Sheet metal Coppen wire Platform January 1, 20x0 41,000 1b 38,090 1b December 31, 20xe 45,000 1b 41,000 1b $ 16 10 6 6,300 units 7,300 units . Use of raw material Amount Used per Unit Raw Materiall Light Coil Sheet metal Copper wire Platform Heavy Coil 5 lb. B lb. 1 unit 4 lb 21b. - Direct-labor requirements and rates: Product Light coil Heavy coil Hours per Unit 4 Rate per Hour $ 10 15 Finished-goods inventories (in units): Expected January Desired December 31, Produc Light coil Heavy coil 28,000 8,000 33,000 9,800 . Production overhead: Purchasing and material handling Depreciation, utilities, and inspection Shipping General production overhead $8.70 per pound of sheet metal and copper wire purchased $6.00 per coil produced (either type) $2.00 per coil shipped (either type) $4.00 per direct-labor hour Required: 1. Prepare the sales budget (in dollars) for 20xO. Sales Budget for 20x0 Total Light coils Heavy coils Projected sales SStep by Step Solution
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