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Production Budget Renegade Inc. projected sales of 55,000 personal journals for 20Y6. The estimated January 1, 20Y6, inventory is 2,200 units, and the desired December
Production Budget Renegade Inc. projected sales of 55,000 personal journals for 20Y6. The estimated January 1, 20Y6, inventory is 2,200 units, and the desired December 31, 2016, inventory is 6,000 units. What is the budgeted production (in units) for 2046? units Direct Materials Purchases Budget Killingsworth Inc. budgeted production of 52,000 personal journals in 2016. Paper is required to produce a journal. Assume 90 square yards of paper are required for each journal. The estimated January 1, 2016, paper inventory is 281,000 square yards. The desired December 31, 2016, paper inventory is 257,000 square yards. If paper costs $0.11 per square yard, determine the direct materials purchases budget for 20Y6. If required, round your final answer to the nearest dollar. $ Direct Labor Cost Budget Dauber Inc. budgeted production of 27,000 personal journals in 20Y6. Each journal requires assembly. Assume that four minutes are required to assemble each journal. If assembly labor costs $16.5 per hour, determine the direct labor cost budget for 20Y6. Do not round your intermediate calculations but, if required, round your final answer to the nearest dollar. Cash Budget Wallace Inc. collects 10% of its sales on account in the month of the sale and 90% in the month following the sale. If sales on account are budgeted to be $146,000 for September and $127,000 for October, what are the budgeted cash receipts from sales on account for October
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