prepare a master budget including allrevenues, cont margioperating income and all types of costs

XYZ company make shoes of two kinds that are athletic shoes and climbing shoes. The athletic shoes made of fabric sole and the climbing shoes have fabric-covered leather sole, XYZ preparing its budget for Mar 2020 and has estimated sales based on past experience. The information is presented below: Input prices Direct materials: Fabric $5.25 per yard Leather $7.5 per square feet Direct manufacturing labor $16 per direct manufacturing labor hours klimbing Input quantities per unit of output (per pair of shoe) athletic Direct materials: Fabric 11:2 4 yard Leather 50 hours Direct manufacturing labor Setup-hours per batch 3 4 hours tether Inventory information (Direct material) Fabric Beginning inventory 620 yards Leather / 800 sf Inventory information (Direct material) Fabric Beginning inventory 620 yards Target ending inventory 380 yards Cost of beginning inventory $3,219 / 2 95 sf 5 6,060 / hed goods Climbing 1.000 120 XYZ account for direct material using FIFO cost flow assumption Sales and inventory information, finished goods athletic Expected sales in units (pair of shoe) Selling price $120 Target ending inventory in units Beginning inventory in units 0 Beginning inventory in dollar hod $199 550 $92,000 $23,250 XYZ account for direct material using FIFO cost flow assumption All the shoes are made in batch of 50 pairs of shoe XYZ incurs manufacturing overhead costs of marketing and general administration, and shipping cots. Besides materials and labor manufacturing cost processing and inspection costs XYZ ships 40 pair of shoe per shipment. XYZ uses activity based costing and has classified all overhead costs for the month of Maras shown in the following table: Cost type Activity Rates Chapter Theriot Chapter 3 Adeno A o d ENG 12/2020 2011 PM ter & Roles an...paf pair of shoe per shipment. XYZ uses activity based costing and has classified all overhead costs for the month of the following table: Cost type Activity Manufacturing Setup Setup-hours $18 per set-up per batch Processing Director labor hours $1.8 per direct labor hour inspection Number of shoes $1.35 per pair per batch Non-manufacturing: Marketing and general administration Shipping Sales revenue Number of shipments $15 per shipment