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Wesley Power Tools manufactures a wide variety of tools and accessories, One of its more popular items is a cordiess power handisaw, Each handisaw sells

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Wesley Power Tools manufactures a wide variety of tools and accessories, One of its more popular items is a cordiess power handisaw, Each handisaw sells for $30. Wesley expects the following unit sales: Wesley's ending finished goods inventory policy is 20 percent of the next month's sales. Suppose each handisaw takes approximately 0.75 hour to manufacture, and Wesley pays an average labor wage of $20 per hour. Each handisaw requires two plastic components that Wesley purchases from a supplier at a cost or $3.50 each, The company has an ending direct materials inventory policy of 25 percent of the following month's producton requirements. Materiais other than the plastic components total $4.50 per handisaw Manutacturing overhead for this product includes $73.200 annual rixed overhead (based on production of 27,000 units) and $120 per unit vatiable manufacturing overhead. Wesieys selling expenses are 7 percent of saies dotlars, and administrative expenses are fixed at $18,000 per month Required: Compute the following for the first quarter: Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar

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