*Note: I need the question Solved quickly as possible as you could because the submission is after 12 hours from now, and I need it SOLVED by Exel : *

Al-Kamal Company is preparing its master budget for 2010. Relevant data pertaining to its sales, production, and direct materials budgets are as follows: Sales: Sales for the year are expected to total 1,500,000 units. Quarterly sales are 25%, 25%, 25%, and 25% respectively. The sales price is expected to be $60 per unit for the first three quarters and $65 per unit beginning in the fourth quarter. Sales in the first quarter of 2010 are expected to be 10% higher than the budgeted sales for the first quarter of 2011. Production: Management desires to maintain ending finished goods inventories at 25% of next quarters budgeted sales volume. Direct materials: Each unit requires 4 pounds of raw materials at a cost of $6 per pound. Management desires to maintain raw materials inventories at 5% of the next quarters production requirements. Assume the production requirements for the first quarter of 2010 are 950,000 pounds. (B) Direct labor hours are determined from the production budget. Al-Kamal Company, two hours of direct labor are required to produce each unit of finished goods. The anticipated hourly wage rate is $15. (C) Al-Kamal Company expects variable costs to fluctuate with production volume on the basis of the following rates per direct labor hour: indirect materials $1.50, indirect labor $2.00, utilities $0.50, and maintenance $0.40. Thus, for the 6,500 direct labor hours to produce 3,100 units, budgeted indirect materials are $9,750 (6,500 x $1.50), and budgeted indirect labor is $13,000 (6,500 x $2.00). Al-Kamal also recognizes that some maintenance is fixed. The amounts reported for fixed costs are assumed (D) Variable expense rates per unit of sales are sales commissions $2.50 and freight-out $1. Variable expenses per quarter are based on the unit sales from the sales budget. Al-Kamal expects sales in the first quarter to be 4,000 units. Fixed expenses are based on assumed data. Requirements A) Prepare the sales budget by quarters for 2010. B) Prepare the production budget by quarters for 2010. C) Prepare the direct materials budget by quarters for 2010. D) Prepare the direct Labor budget by quarters for 2010. E) Prepare the Manufacturing Overhead budget by quarters for 2010 F) Prepare a selling and administrative expense budget by quarters for 2010.

Al-Kamal Company (A) sales budget for the Year Ending December 31,2016 Quarters 2 3 4 Year Expected unit sales Unit selling price Total sales Al-Kamal Company (B) Production budget for the Year Ending December 31,2016 Quarters 1 2 3 Year Expected unit sales Add. Desired ending finished goods unit Total required units Less: Beginning finished goods units Required production units 25% of each quarters unit sales a) Estimated first-quarter 2017 sales units = b) 25%of estimated first-quarter 2017 sales units = 'Al-Kamal Company (C)Direct materials budget for the Year Ending December 31,2016 Quarters 1 2 3 Year Unit to be produced Direct materials per unit Total pounds needed for production Add Desired ending Direct materials (pounds) Total materials required Less: Beginning direct materials (pounds) Direct materials purchases Cost per pound Total cost of direct materials purchases a) Estimated first-quarter 2017 production requirements b) 5% OF Estimated first-quarter pounds needed for production A1-Kamal Company (D)Direct Labor budget for the Year Ending December 31,2016 Quarters 2 3 4 Year Unit to be producer Direct Labor(hours) per unit Total required direct labor hours direct labor cost Total direct labor cost Al-Kamal Company (E) Manufacturing Overhead budget for the Year Ending December 31,2016 Quarters 1 2 3 4 Year Variable costs Indirect material(1.50/hour) Indirect labor (2.00/hour) Utilities ($0.50/hour) Maintenance ($0.40/hour). Total variable costs Fixed cost Supervisory salaries Depreciation Taxes and Insurance Maintenance Total fixed cost Totalmanufacturing overhead Direct labor hours manufacturing overheadrate per direct hour= Al-Kamal Company (F) selling and administrative expense budget for the Year Ending December 31, 2016 Quarters 1 2 3 4 Year Bandaged sales in units Variable expense sales commissions ($2.50 per unit) freight-out ($1per unit) Total variable expenses Fixed expenses Advertising Sales salaries Office salaries Depreciation Taxes and Insurance Total fixed expenses Total selling and a dministrative expense