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Please answer all questions 1. (15 points). Guadalupe Company is preparing its master budget for November using the following estimates. (Estimates may be related to
Please answer all questions
1. (15 points). Guadalupe Company is preparing its master budget for November using the following estimates. (Estimates may be related to more than one requirement.) Show your calculations. Units 12,500 8,400 2,000 1,500 Price 21 27 National sales International sales Beginning finished goods inventory Desired ending finished goods inventory a. What is the budgeted sales revenue? b. How many units should be produced? C. What dollar amount of materials should be purchased at $5 per pound if each unit of product requires 4 pounds and beginning and ending materials inventories should be 7,700 and 5,700 pounds, respectively? d. How much direct labor cost should be incurred if each unit produced requires 1.5 hours at an hourly rate of $20? e. How much manufacturing overhead should be incurred if fixed manufacturing overhead is $25,000 and variable manufacturing overhead is $3 per direct labor hour?_Step by Step Solution
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