need requirements five through 10

Requirement 5. Prepare the manufacturing overhead cost budgets for each of the three activities Begin the manufacturing overhead cost budgets for each of the three activities by first calculating the total setup time Cat-allac Dog-errific Total 20 Units to be produced Units per batch Number of batches Setup time per batch 150 his 200 hrs. x X hrs hrs hrs Total setup time Enter any number in the edit fields and then click Check Answer i Product Information Direct materials Plastic $ 4 per pound Metal S3 per pound Direct manufacturing labor $10 per direct manufacturing labor hour Input Quantities per Unit of Output Cat-allac Dog-eriffic Direct materials Plastic 3 pounds 5 pounds Metal 0.5 pounds 1 pound Direct manufacturing labor-hours (DMLH) 3 hours 5 hours Machine-hours (MH) 10 MH 16 MH Inventory Information, Direct Materials Plastic Metal Beginning inventory 280 pounds 80 pounds Target ending inventory 400 pounds 75 pounds Cost of beginning inventory $ 1,120 $ 232 my Print Done lick the i Account Information - X remer allac eriffic G Sales and Inventory Information, Finished Goods Cat-allac Dog-eriffic Expected sales in units 500 215 Selling price 215 $ 320 Target ending inventory in units 35 15 Beginning inventory in units 15 30 Beginning inventory in dollars $ 1,500 $ 5,580 Pet Luggage uses a FIFO cost-flow assumption for finished-goods inventory Liremer any ny Print Done parts 1 Other information X Cost Driver Information Cat-allac Dog-errific Number of units per batch 20 8 Setup time per batch 1.50 hours 2.00 hours Inspection time per batch 0.5 hours 0.6 hour If necessary, round up to calculate number of batches Nonmanufacturing fixed costs for March equal $32,000, half of which are salaries Salaries are expected to increase 5% in April, Other nonmanufacturing fixed costs will remain the same. The only variable nonmanufacturing cost is sales commission, equal to 1% of sales revenue Print Done Pet Luggage Company makes two pet carriers, the Cat-allac and the Dog-eriffic. They are both made of plastic with metal doors, but the Cat-allac is smaller Information for the two products for the month of Aprilis given in the following tables (Click the icon to view the information for the two products) Pet Luggage accounts for direct materials using a FIFO cost-flow assumption Click the icon to view the account information) Pet Luggage uses an activity-based costing system and classifies overhead into three activity pools Setup Processing, and inspection Activity rates for these activities are $100 per setup-hour, $5 per machine-hour and $16 per inspection hour, respectively Other information follows Click the icon to view the other information) Read the requirements i> Requirement 1. Prepare the revenues budget Revenues Budget For the Month of April Units Selling price Total revenues Cat-allac 500 $ 107,500 Dog-eriffic 215 320 68,800 $ 176,300 215 $ Total Requirement 2. Prepare the production budget in units Production Budget (in Units) 5. Manufacturing overhead cost budgets for each of the three activities 6. Budgeted unit cost of ending finished goods inventory and ending inventories budget 7. Cost of goods sold budget 8. Nonmanufacturing costs budget Budgeted income statement (ignore income taxes) 10. How does preparing the budget help Pet Luggage's management team better manage the company? 1 1) Revenues budget Units Selling Total price revenues Cat-allac 500 $ 215 S 107,500 Dog-eriffic 215 S 320 S 68,800 Total S 176,300 2 Production budget in units Cat-allac Dog-eriffic Budgeted unit sales 500 215 35 15 Add: Target ending finished goods inventory Total required units 535 230 15 30 Deduct: Beginning finished goods inventory Units to be produced 520 200 3) Direct Material Usage Budget in Quantity and Dollars Material Plastic Metal Total Physical Units Budget Direct materials required for 1560 260 Cat-allac (520 units x 3 lbs. and 0.5 lb.) 1000 Dog-eriffic (200 units x 5 lbs. and 1 lb.) 200 Total quantity of direct material to be used 2560 460 Cost budget: Available from beginning direct materials inventory (under a FIFO cost-flow assumption) Plastic: 280 lbs. x S4 per 1120 Ib. Metal: 80 lbs. X 52.90 232 D To be purchased this period: Plastic: (2,560 - 280) lbs. x S4 per lb 9120 Metal: (460 - 80) lbs. x S3 per lb. 1140 Direct materials to be used this period 10240 1372 11612 Direct Material Purchases Budget Material Plastic Metal Total 2560 lbs. 460 lbs. Physical Units Budget: To be used in production (Requirement 3) Add target ending inventory 400 lbs. 75 Ibs. 2960 lbs. 535 lbs. Total requirements Deduct beginning inventory 280 lbs. 80 lbs. Purchases to be made 2680 Ibs. 455 lbs. 4) Direct Manufacturing Labor Costs Budget Output Units Produced (requirement 2) DMLH Per Total Hours unit Hourly Wage rate Cat-allac 520 3 1560 s 10.00 S 15,600.00 Dog-errific 200 5 1000 S 10.00 S 10,000.00 Total S 25.600.00 Comment