Play-Disc makes Frisbee-type plastic discs. Each 12-inch diameter plastic disc has the following manufacturing costs: Direct materials $1.80 Direct labor 0.50 Variable overhead 0.85 Fixed overhead 1.85 Total unit cost $5.00 For the coming year, Play-Disc expects to make 400,000 plastic discs, and to sell 383,000 of them. Budgeted beginning inventory in units is 16,000 with unit cost of $5.00. (There are no beginning or ending inventories of work in process.) Required: Question Content Area 1. Calculate the total budgeted cost of units produced for Play-Disc for the coming year. Show the cost of direct materials, direct labor, and overhead. Budgeted direct materials $fill in the blank 21aae9fe404efef_1 Budgeted direct labor fill in the blank 21aae9fe404efef_2 Budgeted overhead fill in the blank 21aae9fe404efef_3 Total budgeted manufacturing cost $fill in the blank 21aae9fe404efef_4 Question Content Area 2. Prepare a cost of goods sold budget for Play-Disc for the year. Play-Disc Cost of Goods Sold Budget For the Year $- Select - - Select - - Select - Total manufacturing cost $fill in the blank c3ce5b06401ffe0_7 - Select - - Select - Cost of goods sold $fill in the blank c3ce5b06401ffe0_12 Question Content Area 3. What if the beginning inventory of finished goods was $79,200 (for 16,000 units)? How would that affect the cost of goods sold budget? (Assume Play-Disc uses the FIFO method.) The cost of goods sold would to $fill in the blank 37e63105afccfad_2 .