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Relevant data from the operating budget of The Framers are: Quarter 1 Quarter 2 Sales $33,948 $76,482 Direct material purchases 25,312 26,423 Direct labor 29,948

Relevant data from the operating budget of The Framers are:

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Quarter 1 Quarter 2 Sales $33,948 $76,482 Direct material purchases 25,312 26,423 Direct labor 29,948 24,328 Manufacturing overhead 9,322 10,299 Selling and administration 19,283 19,238 Depreciation included in selling and administration 950 800 Collections 34,324 76,938 Cash payments 29,349 20,937 Cash received: other 8,000 500 Dividend 500

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