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The budget director of Birding Homes & Feeders Inc., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following
The budget director of Birding Homes & Feeders Inc., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for January: a Estimated sales for January: Bird house units at $ per unit Bird feeder units at $ per unit b Estimated inventories at January : Direct materials: Wood ft Plastic lbs Finished products: Bird house units at $ per unit Bird feeder units at $ per unit c Desired inventories at January : Direct materials: Wood ft Plastic lbs Finished products: Bird house units at $ per unit Bird feeder units at $ per unit d Direct materials used in production: In manufacture of Bird House: Wood ft per unit of product Plastic lb per unit of product In manufacture of Bird Feeder: Wood ft per unit of product Plastic lb per unit of product e Anticipated cost of purchases and beginning and ending inventory of direct materials: Wood $ per ft Plastic $ per lb f Direct labor requirements: Bird House: Fabrication Department hr at $ per hr Assembly Department hr at $ per hr Bird Feeder: Fabrication Department hr at $ per hr Assembly Department hr at $ per hr g Estimated factory overhead costs for January: Line Item Description Amount Indirect factory wages $ Depreciation of plant and equipment Power and light Insurance and property tax h Estimated operating expenses for January: Line Item Description Amount Sales salaries expense $ Advertising expense Office salaries expense Depreciation expenseoffice equipment Travel expenseselling Office supplies expense Miscellaneous administrative expense i Estimated other revenue and expense for January: Line Item Description Amount Interest revenue $ Interest expense j Estimated tax rate: Required: Prepare a sales budget for January. Birding Homes & Feeders Inc.
The budget director of Birding Homes & Feeders Inc., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for January:
a Estimated sales for January:
Bird house units at $ per unit
Bird feeder units at $ per unit
b Estimated inventories at January :
Direct materials:
Wood ft
Plastic lbs
Finished products:
Bird house units at $ per unit
Bird feeder units at $ per unit
c Desired inventories at January :
Direct materials:
Wood ft
Plastic lbs
Finished products:
Bird house units at $ per unit
Bird feeder units at $ per unit
d Direct materials used in production:
In manufacture of Bird House:
Wood ft per unit of product
Plastic lb per unit of product
In manufacture of Bird Feeder:
Wood ft per unit of product
Plastic lb per unit of product
e Anticipated cost of purchases and beginning and ending inventory of direct materials:
Wood $ per ft Plastic $ per lb
f Direct labor requirements:
Bird House:
Fabrication Department hr at $ per hr
Assembly Department hr at $ per hr
Bird Feeder:
Fabrication Department hr at $ per hr
Assembly Department hr at $ per hr
g Estimated factory overhead costs for January:
Line Item Description Amount
Indirect factory wages $
Depreciation of plant and equipment
Power and light
Insurance and property tax
h Estimated operating expenses for January:
Line Item Description Amount
Sales salaries expense $
Advertising expense
Office salaries expense
Depreciation expenseoffice equipment
Travel expenseselling
Office supplies expense
Miscellaneous administrative expense
i Estimated other revenue and expense for January:
Line Item Description Amount
Interest revenue $
Interest expense
j Estimated tax rate:
Required:
Prepare a sales budget for January.
Birding Homes & Feeders Inc.
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