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please answer all parts, thanks. second vear of operatiens, by precanng budepets from ats master butget. The company is trying to decise how many units

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second vear of operatiens, by precanng budepets from ats master butget. The company is trying to decise how many units to manytacture, how much z might spend co diract muteriabs and drect laber, and what their tactory overtead expensed might be th additien, the congany is interested in busjethg for seling and administrative costs, and in createng a budgeted incame statepent showing a srediction at net income for 20 in. Tou have beten asted to assist the ceretroller of Leamco in preparing the 2012 budgets. Sates Busget the missing aneurts Production nivdget met butgeted sales and deaired inventory kerick The ayect mMeriais burbieiss budyet shoud be intograted with the jrbouction tuoget to eniuge that preduction is not intariupted during ife reas Learnco Direct Materials Purchases Budget Fore the Vos Direct Labor cost Budget Tuble, or from the sales budpet, preduction budget, and ereat matersats purchsses budget yeu presared. When recuired, round yeur ansmens to the nearest eollar. Factory Overhead Cost Budget The facary orerheas cost bodat should be inteyented whth the production budpet to ensure thut prodyction is not interrupted during the yeac, This busget may be sapported by departmental schedules, which normaly separate foctery evertead costs into fixed and varible costs tes that Gepartment mohagers may monitar and evatuate costa during the yeat. Fer simplicty, Leartico has not separaied costs in tis mainer. After reviewing the foliowing factery overhead cost budpec, you note that Learnco fas completed the busgat with the excepbion of ant amoure. Fit in the mining ansunt. cost of coods sold bodget Finithed poses murt aisg be integrated into the cost of goodr sold bugget. Direct materials: Derect materals twentory, dafiaary 1, 20y ? Difect materials purchases Coit of direct matetials avalable for use Derect materials inventery, December 31, 20Y2 Cont of direct materals placed in preduction Direct labor Factory overiead Total manufacturing costs Total work in peocess durish penea Work in prosess inyentory, becember 21, 20y ? Cost of goods manitactared Cost of finished gosds arainble for sale Finithed gosdt incentery, Dectmber 31, zor? coet of goodt sild Selling/Admin. Expentes fudget Learpce Seiling and Adminintrative Expenves budget Fer the Year Enaing becember 3., abra budgeted incoine statement ars in the folowiyg Dudpeted income statement ova tatle medel Q. If Leanco seis zere Deluxe Abacus units in 20rz, it wa break even (Le, the compary wil have tero income before income taxy. L. Learnco will have a nat less before income tax if it sels zeno Oeluxe Abscus units in 20y2. c. Leamco witi atill heve positve income before incerne tax if it seils zero Deluxe Abecus units in zovz. 2. Leanco's vendor for beas padaget is expected to double izs price per package of beods. If this occurh, what mit be the effect on Leamcol income before income tax? a. Ht the price for bead packages dovbles, Leamce wal break fren (ie, the company wal have zere income before incone tade. b. Leanco wal have a loss before inceme cex if the price tor bead pockges doubles. Leamco's incots before income taxi) second vear of operatiens, by precanng budepets from ats master butget. The company is trying to decise how many units to manytacture, how much z might spend co diract muteriabs and drect laber, and what their tactory overtead expensed might be th additien, the congany is interested in busjethg for seling and administrative costs, and in createng a budgeted incame statepent showing a srediction at net income for 20 in. Tou have beten asted to assist the ceretroller of Leamco in preparing the 2012 budgets. Sates Busget the missing aneurts Production nivdget met butgeted sales and deaired inventory kerick The ayect mMeriais burbieiss budyet shoud be intograted with the jrbouction tuoget to eniuge that preduction is not intariupted during ife reas Learnco Direct Materials Purchases Budget Fore the Vos Direct Labor cost Budget Tuble, or from the sales budpet, preduction budget, and ereat matersats purchsses budget yeu presared. When recuired, round yeur ansmens to the nearest eollar. Factory Overhead Cost Budget The facary orerheas cost bodat should be inteyented whth the production budpet to ensure thut prodyction is not interrupted during the yeac, This busget may be sapported by departmental schedules, which normaly separate foctery evertead costs into fixed and varible costs tes that Gepartment mohagers may monitar and evatuate costa during the yeat. Fer simplicty, Leartico has not separaied costs in tis mainer. After reviewing the foliowing factery overhead cost budpec, you note that Learnco fas completed the busgat with the excepbion of ant amoure. Fit in the mining ansunt. cost of coods sold bodget Finithed poses murt aisg be integrated into the cost of goodr sold bugget. Direct materials: Derect materals twentory, dafiaary 1, 20y ? Difect materials purchases Coit of direct matetials avalable for use Derect materials inventery, December 31, 20Y2 Cont of direct materals placed in preduction Direct labor Factory overiead Total manufacturing costs Total work in peocess durish penea Work in prosess inyentory, becember 21, 20y ? Cost of goods manitactared Cost of finished gosds arainble for sale Finithed gosdt incentery, Dectmber 31, zor? coet of goodt sild Selling/Admin. Expentes fudget Learpce Seiling and Adminintrative Expenves budget Fer the Year Enaing becember 3., abra budgeted incoine statement ars in the folowiyg Dudpeted income statement ova tatle medel Q. If Leanco seis zere Deluxe Abacus units in 20rz, it wa break even (Le, the compary wil have tero income before income taxy. L. Learnco will have a nat less before income tax if it sels zeno Oeluxe Abscus units in 20y2. c. Leamco witi atill heve positve income before incerne tax if it seils zero Deluxe Abecus units in zovz. 2. Leanco's vendor for beas padaget is expected to double izs price per package of beods. If this occurh, what mit be the effect on Leamcol income before income tax? a. Ht the price for bead packages dovbles, Leamce wal break fren (ie, the company wal have zere income before incone tade. b. Leanco wal have a loss before inceme cex if the price tor bead pockges doubles. Leamco's incots before income taxi)

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