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.

	Boxes	Trays
Annual Sales	92,400	66,000
Material A	2.0 pounds	1.0 pound
Material B	1.5 pounds	0.8 pound
Direct Labor	0.3 hour	0.2 hour

Overhead is applied at a rate of $1.60 per direct labor hour.

	Expected Beg. Inv	Desired End. Inv.
Material A (pounds)	3,916	3,300
Material B (pounds)	11,000	3,080
Boxes (units)	2,640	3,960
Trays (units)	1,760	1,430

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	Boxes	Trays
Units of sales	Answer	Answer
Units desired in ending inv.	Answer	Answer
Units needed	Answer	Answer
Units in beginning inv.	Answer	Answer
Budgeted production	Answer	Answer

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:	Pounds	Dollars
Material A	Answer	Answer
Material B	Answer	Answer
Total		Answer

c. 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:	Boxes	Answer
	Trays	Answer
Total DLHs		Answer
Average DL wage rate		Answer
Total DL cost		Answer

d. Overhead to be charged to production by product and in total.

	Boxes	Trays	Total
Activity base (DLHs)	Answer	Answer
Multiplied by OH rate	Answer	Answer
Overhead applied	Answer	Answer	Answer