Thunder Crosk wants to finish exch month with 20%6 of next thonths sales in units. Prepare a production budget. (When entering answers in the production budget, use the sales budget for your coll references. Enter all values as pesitive-without a minus sign-In row 18 . . Hint: bepineing inventory for the period is equal to the ending inventory of the previouspeciod. Budget miz: Production Budget Budpoted usits to be sold Plas Devired units in ending inventory Total units notded Less: Unitsin beginning inventery Budbeted units to be produced Thunder Creek Company ures 2 pounds of direct materials for cach unit it produces, at a cout of $4.00 per pound. The company beyins the year with 9,500 pounds of material in Raw Materials imwentery. Management desires an ending ievectery of 25% of nea month's materials requlrements Thunder creek Companr's workes tesulire 30 minutes of labor to produce each unit of product. The labor cost is 520 per hour Preporea Direct Labor Budeet f Whm entering answers in the dirnct labor budget, use the direct materials budget for vour coll nderences). Creok Conpany prepares its Manufacturing Ovehted Budeer. For each divect lubor hour, the variable cverhead corts are d Overhesd Costsper nonth are Salaties of 540,000 , Deprocition 520,000 and Malntenance $10,000 Ciekk Company yes the Intinh first out (hiolinentory coning method. maing hinithed o0odinverterya 186.400 convitirg of 3.500 unics. oUNO' fusctian to round the fixed maryfactwin orechead coit per unit to twe decimal placei. hunder Creek Companyb varisble supples expeese per mooth ia 5300 per unit. The fixed soling and admatatretwe axpenses per month consle af Salates: 5245,605 ; devetieing: $39,000; and Depreciaton: 528.000 Propare a Setng and Admriatathe Expense Budget. (When enteithg ankwers ht the seling and admieiegmive budgat, gae the kales budget for your ced refarencas.) Thunder Crosk wants to finish exch month with 20%6 of next thonths sales in units. Prepare a production budget. (When entering answers in the production budget, use the sales budget for your coll references. Enter all values as pesitive-without a minus sign-In row 18 . . Hint: bepineing inventory for the period is equal to the ending inventory of the previouspeciod. Budget miz: Production Budget Budpoted usits to be sold Plas Devired units in ending inventory Total units notded Less: Unitsin beginning inventery Budbeted units to be produced Thunder Creek Company ures 2 pounds of direct materials for cach unit it produces, at a cout of $4.00 per pound. The company beyins the year with 9,500 pounds of material in Raw Materials imwentery. Management desires an ending ievectery of 25% of nea month's materials requlrements Thunder creek Companr's workes tesulire 30 minutes of labor to produce each unit of product. The labor cost is 520 per hour Preporea Direct Labor Budeet f Whm entering answers in the dirnct labor budget, use the direct materials budget for vour coll nderences). Creok Conpany prepares its Manufacturing Ovehted Budeer. For each divect lubor hour, the variable cverhead corts are d Overhesd Costsper nonth are Salaties of 540,000 , Deprocition 520,000 and Malntenance $10,000 Ciekk Company yes the Intinh first out (hiolinentory coning method. maing hinithed o0odinverterya 186.400 convitirg of 3.500 unics. oUNO' fusctian to round the fixed maryfactwin orechead coit per unit to twe decimal placei. hunder Creek Companyb varisble supples expeese per mooth ia 5300 per unit. The fixed soling and admatatretwe axpenses per month consle af Salates: 5245,605 ; devetieing: $39,000; and Depreciaton: 528.000 Propare a Setng and Admriatathe Expense Budget. (When enteithg ankwers ht the seling and admieiegmive budgat, gae the kales budget for your ced refarencas.)
