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posting again because im still getting these three numbers wrong ive tried Budgeted sales in units: Quarter 1: 1852200 and 1852200x 15%=277830 Quarter 2: 2671200
posting again because im still getting these three numbers wrong
Cullumber Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2022. 1. Sales quarter 1,29,400 basx quarter 2,42,400 bags. Selling price is 563 per bag. 2. Direct materials each bag of Snare requires 4 pounds of Gumm at a cost of 54 per pound and 6 pounds of Tarr at $1.50 per pound. 3. Desiredinyentory levely: 4. Direct abor: dirtct tabor time is 15 minutes per bag at an houify rate of 516 per bour. 5. Seliine and administrative evemes are eyected to be 15% of sales plus $176,000 per quarter. 6. Interest experne is 5100000 . 4. Direct booc direct labor time is 15 minutes per bag at an hourlv rate of $16 per hour. 5. Selling and adminhtrative opences are expected to be 15x of ales plus $176,000 per quarter. interest egence is $100.000. 7. Income taves are expected to bo 205 of income tefore insome taves. Yout ansistant hus prepared two budgets' (1) the mandactiring overhead buidget shows expected costs to be 125 . of direct labior cost, and (2) the direct materials budget for Tarr shows th cost of Tarr burchanes fo be $278,000 in quarter 1 and 5423500 in quarter 2. (Note Do not prepare the manufacturing overtiead hadget or the direct materials budget for Tarr] Prepare the sales budget. Frepare the production bodget CULLUMBER FARM SUPPLY COMPANY Direct Materials Budget-Gumm For the Six Months Ending Jane 30,2022 Quarter Six Months Units tobe:Produced DirectMateials per Unit Total Poumls tieeded for Production TotalMatering Required Low 9 flegiroing Diect Materials thoundsl Derct Materisis Berchases. Prepare the direct labor budget. (Enter Direct labor time per unit in proportion to hours est for 45 minutes the proportion will be 0.75.). Prepare the seling and administrative expense budget. CULLUMBER FARM SUPPLY COMPANY Selling and Administrative Expense Budget For the 51 Months Ending June 30,2022 Quarter EudgetedSales in Units Months Variable Expenses $27830 54400680 $678510 Fored Expenses Total Selling and Administrative Expenses ive tried
Budgeted sales in units:
Quarter 1: 1852200 and 1852200x 15%=277830
Quarter 2: 2671200 and 2671200 x 15%=400680
also need help finding six months
thank you!
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