Please find the following for each of the months april may june and $2$nd quarter. Find the $1.$ budgeted sales revenue, $2.$Budgeted production in units, $3.$ Budgeted cost of direct material purchases, $4.$ budgeted direct labor Cost $5.$budgeted cost of goods sold $6.$budgeted manufactoring overhead and $7.$total budgeted selling and administrasive expenses. Iguana, Inc., manufactures bamboo picture frames that sell for $$25$ each. Each frame requires $4$ linear feet of bamboo, which costs $$2\mathrm{.}50$ per foot. Each frame takes approximately $30$ minutes to build, and the labor rate averages $$14$ per hour. Iguana has the following inventory policies:

Ending finished goods inventory should be $40$ percent of next month's sales.

Ending direct materials inventory should be $30$ perdent of next month's production.

Expected unit sales $($frames$)$ for the upcoming months follow:

$\backslash$table$[[$March$,315],[$April$,330],[$May$,380],[$June$,480],[$July$,455],[$August$,505]]$

Variable manufacturing overhead is incurred at a rate of $$0\mathrm{.}60$ per unit produced. Annual fixed manufacturing overhead is estimated to be $$7,200($ $$600$ per month$)$ for expected production of $3,000$ units for the year. Selling and administrative expenses are estimated at $$650$ per month plus $$0\mathrm{.}50$ per unit sold.

Iguana, Inc., had $$11,000$ cash on hand on April $1.$ Of its sales, $80$ percent is in cash. Of the credit sales, $50$ percent is collected during the month of the sale, and $50$ percent is collected during the month following the sale.

Of direct materials purchases, $80$ percent is paid for during the month purchased and $20$ percent is paid in the following month. Direct materials purchases for March $1$ totaled $$3,000.$ All other operating costs are paid during the month incurred. Monthly fixed manufacturing overhead includes $$230$ in depreciation. During April, Iguana plans to pay $$2,000$ for a piece of equipment.

Required:

Compute the following for Iguana, Inc., for the second quarter $($April$,$ May, and June$).$

April

May

June

$2$nd Quarter

$[$The following information applies to the questions displayed below.$]$

Iguana, Inc., manufactures bamboo picture frames that sell for $$25$ each. Each frame requires $4$ linear feet of bamboo, which costs $$2\mathrm{.}50$ per foot. Each frame takes approximately $30$ minutes to build, and the labor rate averages $$14$ per hour. Iguana has the following inventory policies:

Ending finished goods inventory should be $40$ percent of next month's sales.

Ending direct materials Inventory should be $30$ percent of next month's production.

Expected unit sales $($frames$)$ for the upcoming months follow:

$\backslash$table$[[$March$,315],[$April$,330],[$May$,380],[$June$,480],[$July$,455],[$August$,505]]$

Variable manufacturing overhead is incurred at a rate of $$0\mathrm{.}60$ per unit produced. Annual fixed manufacturing overhead is estimated to be $$7,200($ $$600$ per month$)$ for expected production of $3,000$ units for the year. Selling and administrative expenses are estimated at $$650$ per month plus $$0\mathrm{.}50$ per unit sold.

Iguana, Inc., had $$11,000$ cash on hand on April $1.$ Of its sales, $80$ percent is in cash. Of the credit sales, $50$ percent is collected during the month of the sale, and $50$ percent is collected during the month following the sale.

Of direct materials purchases, $80$ percent is paid for during the month purchased and $20$ percent is paid in the following month. Direct materials purchases for March $1$ totaled $$3,000.$ All other operating costs are paid during the month incurred. Monthly fixed manufacturing overhead includes $$230$ in depreciation. During April, Iguana plans to pay $$2,000$ for a plece of equipment.

Variable manufacturing overhead is incurred at a rate of $$0\mathrm{.}60$ per unit produced. Annual fixed manufacturing overhead is estimated to be $$7,200($ $$600$ per month$)$ for expected production of $3,000$ units for the year. Selling and administrative expenses are estimated at $$650$ per month plus $$0\mathrm{.}50$ per unit sold.

Iguana, Inc., had $$11,000$ cash on hand on April $1.$ Of its sales, $80$ percent is in cash. Of the credit sales, $50$ percent is collected during the month of the sale, and $50$ percent is collected during the month following