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Round the predefined ved location rate to wciel places The overad allocation base is direct labore Bagin by Preparate de material badget Irwin Banting Company Direct Materials Horlot For the Care Ended Mach 31, 2015 Youth Aduhe Choose from any stor enter a number in the inputs and then continue to the next question o The Irwin Bating Company manucure wood baseball bats wi'stro primary products we a youth but, designed for children and young teens, and an wu bat designed for high school and college aged players Irwin sells the hats to sporting good stores and al sales e o act The youth but also the author for 558 Irwin highest leven in the future of the years prepare for the spring baseball season wie's balance sheet for December 31, 2015, and other data for the first quarter of 2019 info Click the icon to view the balance sheet) Cd the low to view the other data) Read the requirements Irwin Betting Company For the arter Ended March 11, 2018 Youth las Adult Bats Total Dvorase a conces) Drac material needed for produto Plus Total direct needed Budgeted purchases of deed materials Direct most per budgetfred Prepare the direct labor budget any hours put decimal placet Xxx Review production budget your own liwie Choose from any or enter any time in the input beds and then conto the next questo The Win Bating Company has wood bubble's way powded you, and designed to the college aged players Irwin sets the basis sporting goods and we once the youth to the base on the first months of the years for the spring besebarwin's two wheet for December 31, 2011, and the ter 2019 All the con lo view the balance sheet) ideo the data) Read the Prepare the deed labor budget. (wy house de ces XXX) Review the production get you prepared be Dibrat For the ended Mi 31,2019 Youth AM Bats Bats Tool Odbor hours seeded for product budget de labor con Prepare the manucurig overhemd Butt Enter your che pores, Xxx Motoren ered volunteering wheat Fotos underming best! Row the producto del prewedbo Review the labor budget yow bove w The Choose from any store anyone in the models and then cho The Irwin Batting Company manufactures wood beba bats trw's two pinay products we ayeuh bated for children and young teens, and an adu bat designed for high school and college aged players Irwines the bats to sporting goods stores and all sales we on account. 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(Enter any per un amounts to two decimal placem Xxx Abbeviations et van vertubile manufacturing eventut Yo-Boed watching overheid Review the production budget you prepared above Review the direct laborbalget you prepared above Irwin Two Company Manufacturing Overhead get Fortuner Ented March 1, 2019 Youth Adult Bats Bans Total VOH cost per Budgeted VCH Dodge FOH Depreciation Insurance and property Total FOH Budited manufacturing whes Du Choose from any storey teren continue the next Search Windows ADO IV The Irwin Batting Company mature wood baseball bas Irwin's two primary productia youth butdesigned to chan and young teens, and an adu bat desped for high school and college aged les Irwin is the bats to sporting goods stores and all sales are on account the youth bat sells for $36 the basis for 350 Twin's highest sales volumen in the first three met the year as rollers per for the spring baseball somon Irwin's balance sheet for December 31, 2015, and other data for the first quartered 2015 follow click the icon to view the balance sheet) Old the con to view the other dut) Read the green Predetermined whead locationale Requirement 4. Prepare Irwin's cost of goods sold budget for the first quarter of 2019 Belore preparing the cost of goods sold budge, calculate the projeded matching cost per but for 2019. Round neurto the newest Youts Bus Adult Blue Total projected manufacturing cost per but for 2019 Now prepare the cost of goods sold toget Review the budget you prepared above Review the production budget you prepared above Irwin Dating Company Cost of Goods Sold Budget For the arter Ended March 31, 2015 Youth Bats Ad Bas Total Choose to any later in number in the inputs and in contexto wood basebalbos Ils we primary product you desired for den and young teens, and atat designed for high school and coldplayen wise the bats to sporting good stores and sales are on cut the youth basis for the debates for sewwis high volume in the best months of the year as es prepare for the spring baseball seamon win's balance sheet for December 31, 2018 and other data for the first quarter of 2015 Click the icon to view the balance sheet) Click then to view the other data) Now prepare the cost of goods sold budget Review the sales budget you prepared above Review the production de prepared above Irwin Betting Company Coste Goods Solat For the ended March 31, 2015 Youth Bats Adult Blats Total Bats produced and sold in 1st quarter of 2019 Total budgeted cost of rods sold Requirements. Preparer's selling and administrative spent for the 2013 Review the sales budget you prepared above wwing Company Selling i Administratie Expense For the Quarter Ended March 11.2000 Choose from any or enterary tumber in the outfits and then come to the question TIM 0 The Irwin Batting Company manufactures wood baseball bas Win's two pary products we you bar denied for young and an added for school and players Irwin is the bats to sporting good stones and sales are on the youth batter what to 150 Wishes sale wine is in tree months of the year anak pere for the spring baseball season Irwie's balance sheet for December 31, 2018 and other data for the futuro 2015 few micick the icon to view the balance sheet) (Cock the con lo viw the data) Read the requirements For the studed March 11, 2019 Youth Hats Adele Total Mans produced and sold in starter of 2019 Total budgeted cont of ned i Requirements Properties in and the problet of 2019 Review the sales budget you are bo winning Company Selling and Administrative Bulut For the Carinde March 11.2019 Total budgeted saling and expense Choose from any center any number in the input the core to the next question The Irw Irwin se for the 0 Data Table bat designed for children and young toons, and an adult bat des adult but sells for $50. Irwin's highest sales volume is in the firs quarter of 2019 follow Read tt Requir 20,000 Irwin Batting Company Balance Sheet December 31, 2018 Assets Current Assets Cash 5 Accounts Receivable Raw Materials Inventory Finished Goods Inventory Total Current Assets Property, Plant, and Equipment Equipment Loss Accumulated Depreciation 18,500 9,000 16.000 Budget Sales 63.500 Total Requird 130.000 (70.000) 60.000 123,500 $ Total Assets Liabilities Current Liabilities Accounts Payable $ 11,600 Stockholders' Equity $ Plus: Common Stock, no par 90.000 Choose Print Done Data Table - but bat, designed for high school and college aged is in the first three months of the year as retailerspre ells the bals to sporting goods stores and all sales are spring baseball season. Irwin's balance sheet for Dec lick the icon to view the balance sheet) the requirements Current Ansels ement 1. Prepare Irwin's sales budget for the first que trwin Batting Company Salus Budget For the Quarter Ended March 31, 2019 Youth Adult Bats Bats 20,000 18,500 9,000 16.000 Accounts Receivable Raw Materials Inventory Fished Goods Inventory Total Curests Property. Plant, and Equipment Equipment Less Accumulated Depreciation 5 63 500 130,000 (70,000 60.000 Total Assets $ 123.500 Med bats to be sold price per unit sales rement 2. Prepare fiin's production budget the Irwin Batting Company Production Budget For the water Ended March 31 Youth S 11.500 Llabilities Current Liabilities Accounts Payable Stockholders' Equity Common Stock, no 5 Retained ning Total Stockholders Total Liabilities and Stockholders qui 40.000 21.900 111 900 $ 121.500 Print Done se from any storever any number in the input bold - X More Info quarter of 2019 Total a Budgeted sales are 1,400 youth bats and 3 300 adult bats. Finished Goods Inventory on December 31, 2018, consists of 700 youth bats at $15 b. each and 550 adult bats at $10 each Desired ending Finished Goods Inventory is 220 youth bats and 300 adult bats, c. FIFO inventory costing method is used Direct materials requirements are 40 ounces of wood per youth bat and 70 ounces d. of wood per adult bat. The cost of wood is 50 10 per ounce Raw Materials Inventory on December 31, 2018, consists of 90.000 ounces of wood e. at 50.10 por ounce Desired ending Raw Materials Inventory is 90,000 ounces (indirect materials are f. Insignificant and not considered for budgeting purposes) 9. Each bat requires 0.4 hours of direct labor, direct labor costs average 526 per hour h. Variable manufacturing overhead is 50,30 per bat Food manufacturing overhead includes $1,300 per quarter in depreciation and 1514,977 per quarter for other costs, such an insurance and property taxes Fixed selling and administrative expenses include 513,000 per quarter for salaries 53.500 per quarter for rent 51.400 per quarter for insurance, and $450 per quarter for depreciation k. Variable selling and administrative expenses include supplies at 1% of sales he first quarter of 2019 31, 2019 th Adult Bats Total s Print Done Requirements - X win Batting Company Sales Budget Quarter Ended March 31, 2019 Youth Adult Bats Bats 1. Prepare Irwin's sales budget for the first quarter of 2019 2. Prepare Irwin's production budget for the first quarter of 2019 3. Prepare Irwin's direct materials budget direct labor budget, and manufacturing overhead budget for the first quarter of 2019 Round the predetermined overhead allocation rate to two decimal places. The overhead allocation base is direct labor hours. 4. Prepare Irwin's cost of goods sold budget for the first quarter of 2019 5. Prepare wisseling and administrative expense budget for the first quarter of 2019 win's production budget for the fin Irwin Batting Company Production Budget or the Quarter Ended March 31,2 Youth Bats Print Done Adult Bats Total