The management team at Waterway Cotporation is tapitalizing on the trend for live edse codar freplace mantels-beautifk Vimple organic. In fact, sales are so strong they are running cut of inventery. This means that budgeting for next year will be extremely impoetant, to ensure sure that Waterway can source enough cedae, With budgeted sales as the starting point for the entire process the manageroent team agrees that the following ievels present the most livoly scesario for the first five montta of the upteming year. In addition to sales wolume mary other soicifics are required in iorder to complete the companys coevating budgets Key details associated with pricos costs. and usage are as tollows. - Budgeted selling price is $500 per mantel, Cachmantei mewures Jinghes * 12 inches 4 feet. - Target ending inwentory of finithed mantes i 20% of net months budpeted sales. Howewe, beginring inventory on Jacuary 1k expected to be only 39 units. foot leneths, Eachrough-cut bourd coist waterwiy 350 per foot. - Target ending DM inentory (rouet-cut cedar? is sok of next monthis production needi. - DL to sard, stain, and treat the rough-cut cedar conts $20 per bour, Each inunted requires one hour of bbor time. - MOH reiources incluoe variable costs budeeted to be $10 board toot, plus budgeted monthly Fined MOH costs er $4,100.0 Depreciation of 51.800 is induded in that monthly fised cost. includes 57,500 of dereciation - Alt sales are made on account, with 25% payine in the mointh of ssle and 70 sos paying in the month following the sale. The remainder is consisered uncollectible. December sales in the prior year were budgeted to be $233000 - Beeinning finished goods impentory was held at a coit of 3270 unit froms the prior year. 1 hie maingement team at Waterway Corporation is capitalizing on the trend for live-edge cedar fireplace mantels-beautitul, simple, organic in fact, sales are so strong they are runnirs out of inventer This means that badgeting for next year will be extremely important, to ensure sure that Waterway can source enough cedar. With budgeted sales as the starting point for the entire process, the management team agress that the following levels present the most lhely scenario for the first five monatr of the upcoming yea f In addition ta sales volume. mumy other specifes are required in erder to complete the company's operating budgets. Key detalls associated with prices. cests, and usage are as followk. - Redegeted sening price is $500 per mantei Exchmanel rueawires 3 indes 12 inches 4 feen. loot lengths Each roseshtrout board conts Waterwar $50 per foot. - Taret ending DM imentory (rough-cut cedan is sox of nest mantus production neech. - DL to sand.stain, and treat the rough-out cedar costs $20 per hour. Each mantei requires one hour of Labor tine. incluries $7300 of fiepreciation. were buideseted to be 5233000 - Beciguire finshed goods imentary was held at a cost of 5270 unit from the priorvear The imanagement texn at Waterway Corporation is capitalizing on the trend for live-edge cedar fireplace mantels-benutiful simple, organic In facti sales aresostrong ther are nunning out of iniventory This means that tod peting for next year will be extremely important, to ensure sure that Waterway can source enough cedar. Withbudgeted sales as she starting peint for the entire process, the management team agrees that the following fevels present the most likely scenarie for the first five mantis of the upcensing year. Inat lerathe. i shirough cou beard cegs Waterway 350 per fook - Detosand, vain and ireas the rouph-cut cedy coits 520 per houf, Caci mayel requires one heur of later time Inchides 17500 of deprectation. were buseded ta be $233,000. - Beginning firishied soods immertory wai held at a cont at 5270 inil frume the priar veus. The management team at Waterway Cotporation is tapitalizing on the trend for live edse codar freplace mantels-beautifk Vimple organic. In fact, sales are so strong they are running cut of inventery. This means that budgeting for next year will be extremely impoetant, to ensure sure that Waterway can source enough cedae, With budgeted sales as the starting point for the entire process the manageroent team agrees that the following ievels present the most livoly scesario for the first five montta of the upteming year. In addition to sales wolume mary other soicifics are required in iorder to complete the companys coevating budgets Key details associated with pricos costs. and usage are as tollows. - Budgeted selling price is $500 per mantel, Cachmantei mewures Jinghes * 12 inches 4 feet. - Target ending inwentory of finithed mantes i 20% of net months budpeted sales. Howewe, beginring inventory on Jacuary 1k expected to be only 39 units. foot leneths, Eachrough-cut bourd coist waterwiy 350 per foot. - Target ending DM inentory (rouet-cut cedar? is sok of next monthis production needi. - DL to sard, stain, and treat the rough-cut cedar conts $20 per bour, Each inunted requires one hour of bbor time. - MOH reiources incluoe variable costs budeeted to be $10 board toot, plus budgeted monthly Fined MOH costs er $4,100.0 Depreciation of 51.800 is induded in that monthly fised cost. includes 57,500 of dereciation - Alt sales are made on account, with 25% payine in the mointh of ssle and 70 sos paying in the month following the sale. The remainder is consisered uncollectible. December sales in the prior year were budgeted to be $233000 - Beeinning finished goods impentory was held at a coit of 3270 unit froms the prior year. 1 hie maingement team at Waterway Corporation is capitalizing on the trend for live-edge cedar fireplace mantels-beautitul, simple, organic in fact, sales are so strong they are runnirs out of inventer This means that badgeting for next year will be extremely important, to ensure sure that Waterway can source enough cedar. With budgeted sales as the starting point for the entire process, the management team agress that the following levels present the most lhely scenario for the first five monatr of the upcoming yea f In addition ta sales volume. mumy other specifes are required in erder to complete the company's operating budgets. Key detalls associated with prices. cests, and usage are as followk. - Redegeted sening price is $500 per mantei Exchmanel rueawires 3 indes 12 inches 4 feen. loot lengths Each roseshtrout board conts Waterwar $50 per foot. - Taret ending DM imentory (rough-cut cedan is sox of nest mantus production neech. - DL to sand.stain, and treat the rough-out cedar costs $20 per hour. Each mantei requires one hour of Labor tine. incluries $7300 of fiepreciation. were buideseted to be 5233000 - Beciguire finshed goods imentary was held at a cost of 5270 unit from the priorvear The imanagement texn at Waterway Corporation is capitalizing on the trend for live-edge cedar fireplace mantels-benutiful simple, organic In facti sales aresostrong ther are nunning out of iniventory This means that tod peting for next year will be extremely important, to ensure sure that Waterway can source enough cedar. Withbudgeted sales as she starting peint for the entire process, the management team agrees that the following fevels present the most likely scenarie for the first five mantis of the upcensing year. Inat lerathe. i shirough cou beard cegs Waterway 350 per fook - Detosand, vain and ireas the rouph-cut cedy coits 520 per houf, Caci mayel requires one heur of later time Inchides 17500 of deprectation. were buseded ta be $233,000. - Beginning firishied soods immertory wai held at a cont at 5270 inil frume the priar veus