SIGNMENT RESOURCES signment 9 Question 1 Question 2 Question 3 Question 8 CALCULATOR PRINTER VERSION BACK NEXT Waterways Corporation is preparing its budget for the coming year, 2017. The first step is to plan for the first quarter of that coming year. Waterways gathered the following information from the managers. Sales Question 4 Question 5 Unit sales for November 2016 112,500 Question 6 Unit sales for December 2016 102,100 Question 7 Question 8 Expected unit sales for January 2017 113,000 Question 9 Expected unit sales for February 2017 112,500 Question 10 Question 11 Question 12 Question 13 Expected unit sales for March 2017 116,000 125,000 Question 14 Question 15 137,500 $12 view Score Expected unit sales for April 2017 Expected unit sales for May 2017 Unit selling price Waterways likes to keep 10% of the next month's unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31, 2016, totaled $183,780. Direct Materials Item Amount Used per Unit Metal 1 lb @ 58 per lb. Plastic Rubber 12 oz @ 6 per oz 4 oz @ 5 per oz 2 lbs per unit Metal plastic and rubber together are 75 per pound per unit. CALCULATOR PRINTER VERSION Open Assignment (e) ASSIGNMENT RESOURCES assignment 9 Your answer is partially correct. Try again. Question 1 CALCULATOR PRINTER VERSION BACK NEXT Question 2 Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 Question 9 Question 10 For the first quarter of 2017, prepare a manufacturing overhead budget. (Round overhead rate to 2 decimal places, e.g. 5.25 and all other answers to O decimal places, e.g. 2,520. List Variable Costs first.) WATERWAYS CORPORATION Manufacturing Overhead Budget For the First Quarter of 2017 First Quarter January February March Quarter Question 11 Question 12 Question 13 Direct Labor Hours Question 14 Question 15 Variable Costs Review Score 22590 22570 23380 68540 Indirect Materials 6777 6771 7014 20562 Indirect Labor 11295 11285 11690 34270 Utilities Maintenance Total Manufacturing Overhead 10166 10157 10521 30843 5648 5643 5845 17135 ASSIGNMENT RESOURCES assignment 9 Question 1 Question 2 Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 Question 9 Question 10 Question 11 Question 12 Question 13 Question 14 Question 15 Review Score Maintenance Total Manufacturing Overhead Fixed Costs Salaries CALCULATOR PRINTER VERSION BACK NEXT 5648 5643 5845 17135 33885 33855 35070 102810 42000 42000 42000 126000 Depreciation 16800 16800 16800 50400 Property Taxes 2675 2675 2675 8025 Insurance Maintenance Total Fixed Costs Total Manufacturing Overhead Direct Labor Hours 1200 1200 1200 3600 1300 1300 1300 3900 63975 63975 63975 191925 97860 97830 99045 294735 Click if you would like to Show Work for this question: Open Show Work 4.30