Score: Exercise Number (I ONLY) ALT-PROD-DL-FO Ferndale Company is preparing budgets for 2019. Ferndale estimates that unit sales in January will be = 194 22,000 units, February sales will be 24,000 units, and March sales will be 28,000 units. April sales (in units) will be 30,000, May's sales will be 29,000, and June's sales will be 27,000. July's sales are estimated at 26,000. Ferndale wishes to end each month with inventory equal to 30.00% of the following month's sales. The December 2018 ending inventory was 3,500 units. Prepare a Production budget for the first 6 months of 2019. PRODUCTION BUDGET 2019 UNIT SALES + DESIRED ENDING INVENTORY SUBTOTAL -BEGINNING INVENTORY UNITS TO PRODUCE Ferndale prepares its Direct Labor Budget for 2019. JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY 26,000 See Sales Bulg Each unit of product requires 0.25 hours to produce. The direct labor rate is $24.00 per hour. Prepare the Direct Labor Budget for 2019. 30% of the Last month's Ending Cits to Produce JANUARY FEBRUARY MARCH APRIL MAY JUNE TOTALS DIRECT LABOR BUDGET 2019 UNITS TO PRODUCE TOTAL TIME REQUIRED IN HOURS HOURS REQUIRED TO PRODUCE ONE UNIT DIRECT LABOR RATE PER HOUR BUDGETED DIRECT LABOR COST Ferndale prepares its Factory Overhead Budget for 2019. Substantially all overhead costs are fixed. Supervisory costs are as follows. Supervisory Salaries Security Costs Factory Heat and Light Factory Depreciation Indirect Materials FACTORY OVERHEAD BUDGET Supervisory Salaries Security Costs Factory Heat and Light Factory Depreciation Indirect Materials 0 So $4,500 per month $5,500 per month $3,500 per month $5,000 per month $3,750 per month JANUARY FEBRUARY MARCH APRIL MAY JUNE TOTALS TOTAL BUDGETED OVERHEAD TOTAL DIRECT LABOR HOURS* PREDETERMINED OVERHEAD RATE Refer to the Direct Labor Budget per DLH