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need to confirm production budget of 27000 (ending finished goods + Sales + Beginnig finished goods) please provide full problem breakdown. Thanks! Problem 2 Country

need to confirm production budget of 27000 (ending finished goods + Sales + Beginnig finished goods) please provide full problem breakdown. Thanks!

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Problem 2 Country Heather manufactures flower pots. It expects to sell 26,000 pots in 2014. The company had enough beginning inventory of direct materials to produce 8,000 pots and wants to maintain an ending direct materials inventory to produce 12,000 pots. Beginning inventory of finished pots totaled 2,000 pots and the company had a desired ending inventory of finished pots of 3,000 pots. The pots sell for $12 each. Direct material cost is $2.50 per pot, direct labor cost is $1.35 per pot, and factory overhead is 85c per pot. 1. Determine the budgeted sales for 2014 (in $) 2. Determine the budgeted production for 2014 (in pots) 3. Determine the budgeted cost of goods sold for 2014 (in $) 4. Determine the budgeted cost for DM, DL, & FOH for 2014

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