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Problem 13-2 (Part Level Submission) Bramble Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown
Problem 13-2 (Part Level Submission) Bramble Inc. is preparing its annual budgets for the year ending December 31, 2017. Accounting assistants furnish the data shown below Product Product JB 50 JB 60 Sales budget: Anticipated volume in units Unit selling price 403,200 204,100 $27 $23 Production budget Desired ending finished goods units Beginning finished goods unts 29,300 34,400 17,800 11,900 Direct materials budget Direct materials per unit (pounds) Desired ending direct materials pounds Beginning direct materials pounds Cost per pound 2,300 17,300 41,300 14,300 $3 $3 Direct labor budget: Direct labor time per unit Direct labor rate per hour Budgeted income statement: 0.3 $12 0.6 $12 Total unit cost $12 $21 An accounting assistant has prepared the detalled manufacturing overhead budget and the seing and administrative expense budget. The latter shows selling expenses of $665,000 for product 38 50 and $361,000 for product 1e 60, and administrative expenses or $541,000 for product J8 5o and $344,000 for product 38 60. Interest expense is siso,000 (not alocated to products). Income taxes
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