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Redball Inc. is a producer of high quality basketball and running shoes. The company expects to sell 36,000 athletic shoes for $163 each in
Redball Inc. is a producer of high quality basketball and running shoes. The company expects to sell 36,000 athletic shoes for $163 each in 2022. Direct materials costs are $23, direct labor is $8, and manufacturing overhead is $7 for each pair of shoes. The following inventory levels apply to 2022 Beginning Inventory Estimated Ending Inventory Direct materials 14,000 units Work-in-process inventory units Finished goods inventory 7,000 units 12,000 units units 9,000 units Do not enter dollar signs or commas in the input boxes. Do no use the negative sign. a) How many shoes need to be produced in 2022? Budgeted sales units Estimated ending inventory units Beginning inventory units Budgeted units to produce: b) What is the amount budgeted for direct material purchases in 2022? Budgeted units to produce Ending direct materials units Beginning direct materials units Budgeted direct material units to purchase Budgeted direct material purchases (dollars).
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