To meet projected annual sales, Bluegill Manufacturers, Inc. needs to produce 75,000 machines for the year. The estimated January 1 inventory is 7,000 units, and the desired December 31 inventory is 12,000 units.

What are projected sales units for the year? fill in the blank 1units

2.The Brass Works is in the process of determining manufacturing overhead. Journalize events (a) through (d) to Factory Overhead, Administrative Expenses, or Selling Expenses, or allocate between the three as appropriate. The insurance policy and electric bill were paid in cash at the time of acquisition. Next, calculate the overhead application rate and apply overhead to Work in Process.

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a. Brass Works purchases an insurance policy for $4,000. It has been determined that 80% of the value of the policy protects production, and the balance protects the administrative offices. Brass Works charges insurance initially to expense. If an amount box does not require an entry, leave it blank.

	Accounts PayableCashFactory OverheadFinished GoodsWork in Process	- Select -	- Select -
	Accounts PayableAdministrative ExpensesCashMaterialsWork in Process	- Select -	- Select -
	Accounts PayableCashFactory OverheadMiscellaneous ExpenseWork in Process	- Select -	- Select -

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b. The electric bill shows an amount due of $1,200. This meter is utilized only by production, as the office spaces have their own meter.

	Accounts PayableCashFactory OverheadFinished GoodsWork in Process	- Select -
	Accounts PayableCashFactory OverheadFinished GoodsWork in Process		- Select -

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c. Payroll reports that the sales manager's salary for the period is $3,500 and that production supervisor's wages for the period are $5,500. If an amount box does not require an entry, leave it blank.

	Accounts PayableCashMaterialsSelling ExpensesWork in Process	- Select -	- Select -
	Accounts PayableCashFactory OverheadFinished GoodsWork in Process	- Select -	- Select -
	Accounts PayableFactory OverheadMiscellaneous ExpenseWages PayableWork in Process	- Select -	- Select -

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d. The stockroom reports that $2,575 in materials were purchased for the maintenance department.

	Accounts PayableCashFactory OverheadMaterialsWork in Process	- Select -
	Accounts PayableCashFactory OverheadMaterialsWork in Process		- Select -

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e. If the driver for the application of overhead is drop-forge strokes and there are expected to be 1,000 strokes in this period, what is the rate per stroke? Round your answer to three decimal places. $fill in the blank 83e73003600e03d_1 per stroke.

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f. Assuming that there are 1,150 drop-forge strokes in this period, apply factory overhead to Work in Process. Use the rate calculated in part (e). Round your answer to the nearest dollar.

	Accounts PayableCashFactory OverheadMaterialsWork in Process	- Select -
	Accounts PayableCashFactory OverheadMaterialsWork in Process		- Select -

3.The Bottling Department of Mountain Springs Water Company had 5,000 liters in beginning work in process inventory (20% complete). During the period, 58,000 liters were completed. The ending work in process inventory was 3,000 liters (90% complete). What are the equivalent units for conversion costs under the FIFO method? fill in the blank 1 equivalent units for conversion costs