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Required: Compute the following for Iguana, Incorporated, for the second quarter (April, May, and June). April May June 2nd Quarter Total 1. Budgeted Sales
Required: Compute the following for Iguana, Incorporated, for the second quarter (April, May, and June). April May June 2nd Quarter Total 1. Budgeted Sales Revenue $ 8,000 $ 9,250 $ 11,750 $ 29,000 2. Budgeted Production in Units 468 646 1,114 3. Budgeted Cost of Direct Material Purchases $ 1,440 $ 1,440 4. Budgeted Direct Labor Cost $ 2,236 $ 2,236 5. Budgeted Manufacturing Overhead $ 572 $ 572 6. Budgeted Cost of Goods Sold $ 2,980 $ 7,450 $ 10,430 7. Total Budgeted Selling and Administrative Expense $ 660 $ 685 $ 735 $ 2,080
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