Normal Body Text List Parag A A Aa Po A - DA Paragraph 15 Styles XYZ, Inc, produces wiring hamess assemblies used in the production of semi trailer trucks The wiring hamoss assemblies are sold to various truck manufacturers around the world. Projected sales in units for the coming five months are given below 15.000 14500 Tewwy March I 17.000 TE 10,000 May The following data portain to production policies and manufacturing specifications followed by Ponderosa. a Freshod goods inventory on January 1 is 1,100 units. The desired ending inventory for each month is 25 percent ofthe next month's sales b. The data on materials used are as follows Uw Cost Direct Materi Per Unit Usage Part PCSO Inventory policy dictates that sufficient materials be on hand at the beginning of the month to satisfy 30 percentat the next month's production needs. This is exactly the amount of material on hand on January 1 Droo ex Predictions: On Accessibility: Investigate o DELL Mailings References Review View Help Normal A Aa. Po Aro. A Body Text List Para 2 Paragraph Styles c. The direct labor used per unit of output is one and one half hours. The average direct labor cost per hour is $25 a Overhead each month is estimated using a flexible budget formula (Activity is measured in direct labor hours ) So Powe Fred Cost Component Variable Cost Component $100 320 I 12.500 120 4.000 45.000 4300 Depreciation Other 150 05.000 Monthly selling and administrative expenses are also estimated using a flexible budgeting formula Activity is measured in units sold.) Fred Costs Vantecosts 5.500 3140 25.000 Com Deco 16 1 The unit selling price of the wing harness assembly is $125, D et Predictions: On Accessibility, investigate O DELL Font Paragraph Styles g. In February, the company plans to purchase land for future expansion. The land costs 55,000 h. All sales and purchases are for cash The cash balance on January 1 equals $225,000 REQUIRED: Preparo a monthly operating budget for the first quarter with the following schedules 1 Sales budget 8. Cost of goods sold budget 2 Production budget a Direct materials purchases budget 9. Budgeted income statement (ignore income taxes) 10. Cash budget 4. Direct labor budget 5 Overhead budget 6 Selling and administrative expense budget 2. Ending finished goods inventory bude 1 Text Predictions On Accessibility: Investigate O Al DOLL Normal Body Text List Parag A A Aa Po A - DA Paragraph 15 Styles XYZ, Inc, produces wiring hamess assemblies used in the production of semi trailer trucks The wiring hamoss assemblies are sold to various truck manufacturers around the world. Projected sales in units for the coming five months are given below 15.000 14500 Tewwy March I 17.000 TE 10,000 May The following data portain to production policies and manufacturing specifications followed by Ponderosa. a Freshod goods inventory on January 1 is 1,100 units. The desired ending inventory for each month is 25 percent ofthe next month's sales b. The data on materials used are as follows Uw Cost Direct Materi Per Unit Usage Part PCSO Inventory policy dictates that sufficient materials be on hand at the beginning of the month to satisfy 30 percentat the next month's production needs. This is exactly the amount of material on hand on January 1 Droo ex Predictions: On Accessibility: Investigate o DELL Mailings References Review View Help Normal A Aa. Po Aro. A Body Text List Para 2 Paragraph Styles c. The direct labor used per unit of output is one and one half hours. The average direct labor cost per hour is $25 a Overhead each month is estimated using a flexible budget formula (Activity is measured in direct labor hours ) So Powe Fred Cost Component Variable Cost Component $100 320 I 12.500 120 4.000 45.000 4300 Depreciation Other 150 05.000 Monthly selling and administrative expenses are also estimated using a flexible budgeting formula Activity is measured in units sold.) Fred Costs Vantecosts 5.500 3140 25.000 Com Deco 16 1 The unit selling price of the wing harness assembly is $125, D et Predictions: On Accessibility, investigate O DELL Font Paragraph Styles g. In February, the company plans to purchase land for future expansion. The land costs 55,000 h. All sales and purchases are for cash The cash balance on January 1 equals $225,000 REQUIRED: Preparo a monthly operating budget for the first quarter with the following schedules 1 Sales budget 8. Cost of goods sold budget 2 Production budget a Direct materials purchases budget 9. Budgeted income statement (ignore income taxes) 10. Cash budget 4. Direct labor budget 5 Overhead budget 6 Selling and administrative expense budget 2. Ending finished goods inventory bude 1 Text Predictions On Accessibility: Investigate O Al DOLL