Solve the following problem of accounting .
Company Simple Laminates brothers Inc. is producing impregnated papers for the furniture industry. Following information of the parts of the product. cost per 4500 Melamine Phenol Material base Product Impregnated paper som product product units cost per Kg cost per sqm Plastic Paper 70gr 3 0,21 0,21 Melamine Melamine resin 70gr 2,25 0,1575 Phenol Phenolic resin 65gr 2,15 0,13975 Pallets Packaging 1 50 90 0,02 0,018 Direct Material 0,3875 0,36775 In order to produce the products, the company has 6 direct employees per shift preparing impregnated papers at an annual cost of 30.0006 per employee. The employees have a working schedule of 1750 hours per year. The production site works with a 3-shift schedule, 24 hours per day. To coordinate the production we have a foreman, with a total annual cost of 50.0006 per year. If there is a need for more direct labor the company has the chance to use overtime with the existing employees at actual cost per hour with an increase of 50%.The production facility has two production lines operated by 3 employees each at the same time. The company pays a rent for the production hall of 5.0006 per month, and the utilities expenses are expected to be of 5006 per month, fixed and a variable cost of 0,0056 per sqm. The sales organization has one customer service with an annual cost of 33.5006, and the support of an external agent that takes a 5% commission over sales. The administration of the company has two persons in the accounting department, with an annual cost of 25.0006 each. The machines run at 50 linear meters per minute, and the product has a width of 2 meters. Our quarterly sales budget for 2019 is: 2019 Q1 Q2 03 04 Total Unit sales melamine 7.776.000 11.289.600 11.016.000 741.600 30.823.200 Unit sales phenol 7.698.240 1.140.250 10.795.680 763.848 20.398.018 The sales price for melamine products is 45cents, and the price for the phenolic is 40 cents. This is the production calendar that the company has agreed with its union. Q distribution 2019 %% of sales Q1 Q2 03 Q4 Total Production days according to calendar 65 70 65 18,75 218,753.- For the year 2020, the market situation has changed, Phenol sales units drop 1.000.000 every quarter compared to 1919 and melamine products increase in 1.500.000 every quarter. Raw materials cost has also changed both melamine and phenol resins have a prices per Kg of 2E.Company Simple Laminates brothers Inc. is producing impregnated papers for the furniture industry. Following information of the parts of the product. cost per 4500 Melamine Phenol Material base Product Impregnated paper som product product units cost per Kg cost per sqm Plastic Paper 70gr 3 0,21 0,21 Melamine Melamine resin 70gr 2,25 0,1575 Phenol Phenolic resin 65gr 2,15 0,13975 Pallets Packaging 1 50 90 0,02 0,018 Direct Material 0,3875 0,36775 In order to produce the products, the company has 6 direct employees per shift preparing impregnated papers at an annual cost of 30.0006 per employee. The employees have a working schedule of 1750 hours per year. The production site works with a 3-shift schedule, 24 hours per day. To coordinate the production we have a foreman, with a total annual cost of 50.0006 per year. If there is a need for more direct labor the company has the chance to use overtime with the existing employees at actual cost per hour with an increase of 50%
