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Please only answer the parts with red Xs next to them, and explain how you solved. Thank you! Preparation of Individual Budgets During the first
Please only answer the parts with red Xs next to them, and explain how you solved. Thank you!
Preparation of Individual Budgets During the first calendar quarter of 2016, Clinton Corporation is planning to manufacture a new product and introduce it i research indicates that sales will be 6,000 units in the urban region at a unit price of $53 and 5,000 units in the rural region at $48 each. Because the sales manager expects the product to catch on, he has asked for production sufficient to generate a 4,000-unit ending inventory. The production manager has furnished the following estimates related to manufacturing costs and operating expenses: n two regions. Market Variable Fixed (per unit) (total) Manufacturing costs: Direct materials A (4lb. $3.15b.) B (2 lb.$4.65/b.) $12.60 9.30 7.50 Direct labor (0.5 hours per unit) Manufacturing overhead Depreciation Factory supplies Supervisory salaries Other $7,650 0.90 4,500 28,800 0.75 22.950 Operating expenses Selling Advertising Sales salaries&commissions Other 22,500 1.50 15,000 .90 3,000 Administrative Office salaries Supplies Other 2,70D 0.15 1,050 08 1,950 Step by Step Solution
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