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Use below information for Questions 1 to 4 : Mukadder Inc., operates at capacity and makes plastic combs and hairbrushes. Although the combs and brushes

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Use below information for Questions 1 to 4 : Mukadder Inc., operates at capacity and makes plastic combs and hairbrushes. Although the combs and brushes are a matching set, they are sold individually and so the sales mix is not 1:1. Yesari Asum Bey, the CFO of Mukadder Inc-, is planning the company's anmual budget for fiscal year 2018. Mukadder Inc. accounts for direct materials and ending finished goods using a FIFO cost flow assumption. Here is information for 2018: Combs are manufactured in batches of 200 , and brushes are manufactured in batches of 100 . It takes 29 minutes to set up for a batch of combs and 69 minutes to set up for a batch of brushes. Mukadder Inc. uses activity-based costing and has classified all overhead costs as shown in the following table. Budgeted fixed overhead costs vary with capacity. Mukadder Inc. operates at capacity so budgeted fixed overhead cost per unit equals the budgeted fixed overhead costs divided by the budgeted quantities of the cost allocation base. Delivery trucks transport units sold in sizes of 2,000 for both combs and brushes. Q-1) Calculate budgeted dollar cost of DM purchase 1. Q-2) Calculate budgeted dollar cost of ending inventory 2. Q-3) Calculate budgeted cost of goods sold. Q-4) Calculate budgeted operating income. 'Note that not only the DM to be purchnsed to be used in this period. Use below information for Questions 1 to 4 : Mukadder Inc., operates at capacity and makes plastic combs and hairbrushes. Although the combs and brushes are a matching set, they are sold individually and so the sales mix is not 1:1. Yesari Asum Bey, the CFO of Mukadder Inc-, is planning the company's anmual budget for fiscal year 2018. Mukadder Inc. accounts for direct materials and ending finished goods using a FIFO cost flow assumption. Here is information for 2018: Combs are manufactured in batches of 200 , and brushes are manufactured in batches of 100 . It takes 29 minutes to set up for a batch of combs and 69 minutes to set up for a batch of brushes. Mukadder Inc. uses activity-based costing and has classified all overhead costs as shown in the following table. Budgeted fixed overhead costs vary with capacity. Mukadder Inc. operates at capacity so budgeted fixed overhead cost per unit equals the budgeted fixed overhead costs divided by the budgeted quantities of the cost allocation base. Delivery trucks transport units sold in sizes of 2,000 for both combs and brushes. Q-1) Calculate budgeted dollar cost of DM purchase 1. Q-2) Calculate budgeted dollar cost of ending inventory 2. Q-3) Calculate budgeted cost of goods sold. Q-4) Calculate budgeted operating income. 'Note that not only the DM to be purchnsed to be used in this period

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