Please Prepare an ending inventory for Jones Corporation. Please show your work for how you got the answer to the problem. thank you

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Jones Corporation has the following budgeted sales for the selected four-month period: Month Unit Sales July 20,000 August 35,000 September 25,000 October 30,000 Sales price per unit is $180 Sales price per unit is $180 Mans are to have an inventory of Ashed product equal to 20 percent of the unit sales for the next month. There were 4,000 units in beginning memory on Day Three pounds of materials are required for each unit produced. Each pound of material costs $20. Inventory levels for material equal 30 percent of the needs for the rest oth Desired ending inventory for September is 25,200 pounds of material. Beginning inventory for July was 20,700 pounds of mananat. Each unit requires 0.6 hours of direct labor and the average wage rates 516 per hour Variable overheid rate is $350 per direct labor hour. There is who feed overhoed of $72,000 per month The company pas common sales The Company has faed selling and distrative press follows: Rent 50,000/month 51,200/month Advertising S400/month Office Salones 335,000/month Us Required: 6. Pean ending Finished prods wory Dort for the parti Cont You Turve already calculate the desired ending finished goodu inventory contity. Arabile permit rate and end that he mited factory rate to two decimal places) Jones Corporation End Finished Goods Inventory Bulget De 20.00 be Ovad Www ITO 138 with H. Prepare a cost of goods sold budget for the quarter. Jones Corporation Cost of goods sold Budget Direct materials Direct labor Overhead Add: Beginning inventory Goods available for sale Less: Ending inventory Cost of goods sold Foodhari Incorrect I. Prepare a budgeted income statement for the quarter--the company falls into the 35 percent tax bracket for income taxes. Jones Corporation Budgeted Income Statement Sales Cost of goods sold Gross margin Less: Variable selling and adm. expenses Less: Income tax expense X Operating income Less: Cost of goods sold X Net income Feedback Less: Income tax expense: Less: Cost of goods sold Less: Fixed selling and administrative expenses Less: Income tax expense Less: Sales Check Vly Vork Less: Variable selling and adm. expense Less: Income tax expense: X Operating income Less: Cost of goods sold X Less: Cost of goods sold Less: Income tax expense Less: Sales