PR $9-42($Algo$)$ Preparation of Master Budget $($LO $9\mathrm{.}3,9-4,9-5)$

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

FreshPak Corporation manufactures two types of cardboard boxes used in shipping canned food, fruit, and vegetables. The canned food box $($type C$)$ and the perishable food box $($type P$)$ have the following material and labor requirements.

The following production$-$overhead costs are anticipated for the next year. The predetermined overhead rate is based on a production volume of $420,000$ units for each type of box. Production overhead is applied on the basis of direct$-$labor hours.

$\backslash$table$[[$Indirect material,$$12,750$