Question 6: (7 marks) Donald, Inc. expects to manufacture and sell 12,000 ceramic vases for $40 each. Direct materials costs are $4, direct manufacturing labor is $20, and manufacturing overhead is S6 per vase. The following inventory levels apply to 2017 Direct materials Work-in-process inventory Finished goods inventory 2,000 units 0 units 800 units Ending inventory 2,000 units 0 units 1,000 units a. On the 2017 budgeted income statement, what amount will be reported for sales? b. How many ceramic vases need to be produced in 2017? c. On the 2017 budgeted income statement, what amount will be reported for cost of goods sold What are the 2017 budgeted costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively? d. (B) Marguerite, Inc., expects to manufacture and sell 20,000 pool cues for $12.00 each. Direct materials costs are $2.00, direct manufacturing labor is $4.00, and manufacturing overhead is $0.80 per pool cue. The following inventory levels apply to 2004 Direct materials Work-in-process inventory Finished goods inventory Beginning inventory 24,000 units 0 units 2,000 units Ending inventory 24,000 units 0 units 2,500 units What are the 2004 budgeted costs for direct materials? Question 2: (5 marks) Solve these separate questions Furniture, Inc., estimates the following number of mattress sales fo 2004: Month January February March April Sales 5,000 7,000 6,500 8,000 Finished goods inventory at the end of December is 1,500 units. Tar inventory is 30% of next month's sales. How many mattresses need to be produced in January 2004? PO ress 9 w....ua...ocucucOR 999 ess 9eoes Question 4: Solve the following independent problems (6 marks) Nadia's Niche $300,000 of variable costs; and $50,625 of fixed costs sells a single product. 40,000 units were sold resulting in $400.000 of sales rev a. The contribution margin percentage is b. Breakeven point in total sales dollars is To achieve $562,500 in operating income, sales must tolal c. If variable costs decrease by $0.50 per unit, the new breakeven point is