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The following information is available for Boostarama Company: Expected sales volume: April 1 , 4 3 0 units May 1 , 8 0 0 units
The following information is available for Boostarama Company:
Expected sales volume:
April units
May units
June units
July units
Selling price per unit $
Beginning finished goods inventory, April units $
Direct materials needed per unit pounds
Total direct labor time per finished unit of product hours
Direct materials cost per pound $
Direct labor cost per hour $
Additional information:
a The desired finished goods inventory every month is of the next month's sales.
b Variable manufacturing overhead is applied based on direct labor hours. Variable manufacturing overhead rate is $DLH Fixed overhead costs are $ per month.
c Period expenses are $ per month.
REQUIRED Please show budgets for the individual months as well as for the Quarter:
Prepare sales budgets for the second Quarter.
Prepare production budgets for the second Quarter.
Prepare direct materials budgets for the second Quarter.
Prepare direct labor budgets for the second Quarter.
Prepare manufacturing overhead budgets for the second Quarter.
Prepare ending finished goods budgets for the second Quarter.
Prepare cost of goods sold budgets for the second Quarter.
Prepare a budgeted income statement for the second Quarter.
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