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Par bo Compamy is preparing its budgeted income statement for 2020 Relevant data pertaining to its sales, produxtion and direct materials budpets are as follows.
Par bo Compamy is preparing its budgeted income statement for 2020 Relevant data pertaining to its sales, produxtion and direct materials budpets are as follows. Soles Soles for the year are expected to total 1,900,000 units. Quarterly sales are 21%,25%,24%, and 30% respectively. The sales price is eqpected to be $42 per unit for the first three quarters and $46 per unit beginning in the fourth quarter, 5 ales in the first. quarter of 2021 are expected to be 12 S higher than the budgeted sales for the first quarter of 2020 . Production. Managemint desires to maintain the ending finished goods irventories at 19 k of the next quarter's budpeted sales vohime Direct muteriais. Each unit requires 2 pounds of raw materlals at a cost of 511 per pound. Management desires to maintain raw muterials inventories at 10 Ss of the next quarter's production requirements. Assume the production requirements for first quarter of 2021 zre 494000 pounds. Pareo budsets 0.4 hours of direct labor per unit labor costs at $11 per hour, and manufacturing overhead at $18 per direct labor hour. Its budected selline and administrative expenses for 20,20 are $6,527,000 (a) Calculate the budgeted total unit cost (Round answer to 2 decimal ploces i \& 12.25 Totai unit cost eTeabook and Media Attempts oot a uned (b)
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