Production and related schedules Goldstein Inc. manufactures and sells plastic boxes and trays. Sales are projected to be evenly spread over the annual period. Estimated product sales and material needs for each unit of product follow. Annual Sales Boxes 109.200 Trays 78.000 Material A 2.0 pounds 1.0 pound Material B 1.5 pounds 0.8 pound Direct Labor 03 hour 02 hour Overhead is applied at a rate of $1.60 per direct labor hour. Expected Beg, In Desired End. Inv Material A (pounds) 4628 3.900 Material (pound 13000 3:640 B 3120 4.680 Trays (unit) 1.800 2,000 Material A costs $0.05 per pound, and Material B costs $0.07 per pound. Prepare the following information, a Production schedule by product Note: Use a negative sign in your schedule to indicate that an amount is subtracted. Production budget Unes of sales units desired in anding im Trays Units needed O Units in beginning in 0 Budgeted production 0 Purchases budget in units by raw material, in total, and in dollars Type here to search L DELL 4 O 624PM 3/12/2002 Units desired in ending in Units needed Units in beginning inv Budgeted production 0 D 10 0 0 b. Purchases budget in units by raw material, in total, and in dollars Note: Round your final answers to the nearest whole dollar. Material purchases: Material A Material B Total C Pounds Dollars 05 05 D S Direct labor budget in hours by product, in total, and in dollars. The average direct labor wage rate is $9.50 per hour. Direct labor budget Required DL hours B Trays 0 Total DLH Average DL wage rate S Total cost 0 d. Overhead to be charged to production by product and in total Boxes Trays Total Activity base DLHO Mutiplied by OHate S 05 0 Overhead applied 0% 05 Type here to search DELL 82F 625 PM 3/12/2