number 3

explained please

Requirement 3. Prepare a direct materials budget. (Round your answers to the nearest whole dollar.) Dalton Manufacturing Direct Materials Budget For the Quarter Ended March 31 Month January February March Quarter Units to be produced 8460 9870 9540 27870 Multiply by: Quantity (pounds) of DM needed per unit Quantity (pounds) needed for production Plus: Desired ending inventory of DM Total quantity (pounds) needed Less: Beginning inventory of DM Quantity (pounds) to purchase Multiply by: Cost per pound Total cost of DM purchases Requirement 4. Prepare a cash payments budget for the direct material purchases from Requirement 3. (Use the accounts payable balance at nearest whole dollar) Dalton Manufacturing Enter any number in the edit fields and then continue to the next question Save for Later Dalton Manufacturing is preparing its master budget for the first quarter of the upcoming year. The following data pertain to Dalton Ma Click the icon to view the data.) (Click the icon to view additional data.) Read the requirements For the Quarter Endea Maren 31 Month January February March Quarter Cash sales 34860 41580 40320 116760 Credits sales 64740 77220 74880 216840 Total cash collections 99600 118800 115200 333600 Requirement 2. Prepare a production budget. (Hint: Unit sales - Sales in dollars. Selling price per unit.) Dalton Manufacturing Production Budget For the Quarter Ended March 31 Month January February March Quarter Unit sales 83001 9900 9600 27800 990 Plus: Desired ending inventory 960 900 2850 Total needed 9290 10860 10500 30650 Less: Beginning inventory B30 990 960 2780 Units to produce 8460 9870 9540 27870 Requirement 3. Prepare a direct materials budget. (Round your answers to the nearest whole dollar) Enter any number in the edit fields and then continue to the nation * More Info a. Actual sales in December were $71,000. Selling price per unit is projected to remain stable at $12 per unit throughout the budget period. Sales for the first five months of the upcoming year are budgeted to be as follows: January ......$ 99,600 February... $ 118,800 March $ 115,200 April $ 108,000 May .$ 103,200 b.Sales are 35% cash and 65% credit. All credit sales are collected in the month following the sale, c.Dalton Manufacturing has a policy that states that each month's ending inventory of finished goods should be 10% of the following month's sales (in units). d. Of each month's direct material purchases, 20% are paid for in the month of purchase, while the remainder is paid for in the month following purchase. Three pounds of direct material is needed per unit at $2.00 per pound. Ending inventory of direct materials should be 20% of next month's production needs. e. Most of the labor at the manufacturing facility is indirect, but there is some direct labor incurred. The direct labor hours per unit is 0.05. The direct labor rate per hour is $9 per hour. All direct labor is paid for in the month in which the work is performed. The direct labor total cost for each of the upcoming three months is as follows: January 3,807 February 4,442 March $ 4,293 1. Monthly manufacturing overhead costs are $5,500 for factory rent, $2,900 for other fixed manufacturing expenses, and $1.10 per unit for variable manufacturing overhead. No depreciation is included in these figures. All expenses are paid in the month in which they are incurred Q.Computer equipment for the administrative offices will be purchased in the upcoming quarter. In January, Dalton Manufacturing will purchase equipment for $5,000 (cash), while February's cash expenditure will be $12,200 and March's cash expenditure will be of end se en on og Print Done