Two products are manufactured by the

TabComp

Corporation: Widgets and Thingamajigs. In July

2018,

the controller of

TabComp,

upon instructions from senior management, had the budgeting department gather the following data in order to prepare budgets for

2019:

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(Click the icon to view the budget data.)

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(Click the icon to view the actual and projected direct materials data.)

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(Click the icon to view the projected direct manufacturing labour data.)Manufacturing overhead is allocated at the rate of

$20

per direct manufacturing labour-hour. Required

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Requirement 1. Prepare the revenues budget (in dollars).

TabComp Corporation
Revenue Budget for 2019
	Units	Price	Total
Widget
Thingamajig
Projected sales

019 Projected Sales
Product	Units		Price
Widget	63,000		$164
Thingamajig	47,000		$264

2019 Inventories in Units
	Expected		Target
Product	January 1, 2019		December 31, 2019
Widget	28,000		33,000
Thingamajig	12,000		13,000

he following direct materials are used to produce one unit of Widget and Thingamajig:

	Amount Used per Unit
Direct Material	Unit	Widget	Thingamajig
A	Kilograms	5	6
B	Kilograms	3	4
C	Each	0	2

Projected data for

2019

with respect to direct materials are as follows:

	Anticipated		Expected		Target Inventories
Direct	Purchase		Inventories		December 31,
Material	Price		January 1, 2019		2019
A	$11		31,000	kilograms	36,000	kilograms
B	$6		27,000	kilograms	31,000	kilograms
C	$3		7,000	units	9,000	units

Projected direct manufacturing labour requirements and rates for

2019

are as follows:

Product	Hours per Unit	Rate per Hour
Widget	3	$12
Thingamajig	4	$15