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Redball Inc. is a producer of high quality basketball and running shoes. The company expects to sell 3 5 , 0 0 0 athletic shoes

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Redball Inc. is a producer of high quality basketball and running shoes. The company expects to sell 35,000 athletic shoes for $102 each in 2022. Direct materials costs are $25, direct labor is $9, and manufacturing overhead is $8 for each pair of shoes. The following inventory levels apply to 2022
Beginning Inventory Estimated Ending Inventory
Direct materials 15,000 units 11,000 units
Work-in-process inventory 0 units 0 units
Finished goods inventory 7,000 units 8,000 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 Answer
35000
Estimated ending inventory units Answer
8000
Beginning inventory units Answer
7000
Budgeted units to produce Answer
36000
b) What is the amount budgeted for direct material purchases in 2022?
Budgeted units to produce Answer
36000
Ending direct materials units Answer
11000
Beginning direct materials units Answer
15000
Budgeted direct material units to purchase Answer
32000
Budgeted direct material purchases (dollars) Answer
800000
c) What is the amount budgeted for cost of goods manufactured in 2022?
Budgeted units to produce Answer
36000
Cost per unit Answer
Budgeted cost of goods manufactured Answer
d) What is the amount budgeted for cost of goods sold in 2022?
Budgeted sales units Answer
Cost per unit Answer
Budgeted cost of goods sold Answer
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