Wesley Power Tools manufactures a wide variety of tools and accessories. One of its more popular items is a cordless power handisaw. Each handisaw sells for $$58.$ Wesley expects the following unit sales:

January $5,000$

February $5,200$

March $5,700$

April $5,500$

May $4,900$

Wesley$$s ending finished goods inventory policy is $25$ percent of the next month$$s sales.

Suppose each handisaw takes approximately $0\mathrm{.}60$ 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 of $$3\mathrm{.}50$ each. The company has an ending direct materials inventory policy of $20$ percent of the following month$$s production requirements. Materials other than the plastic components total $$4\mathrm{.}50$ per handisaw.

Manufacturing overhead for this product includes $$77,400$ annual fixed overhead $($based on production of $27,000$ units$)$ and $$1\mathrm{.}20$ per unit variable manufacturing overhead. Wesley$$s selling expenses are $7$ percent of sales dollars, and administrative expenses are fixed at $$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.Required:

Compute the following for the first quarter:

Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar.

$\backslash$table$[[,$January,February,March,$1$st Quarter total$],[1.$ Budgeted Sales Revenue,,,$$,],[2.$ Budgeted Production in Units,,,,$],[3.$ Budgeted Cost of Direct Materials Purchases for the Plastic Housings,,,,$0],[4.$ Budgeted Direct Labor Cost,,,$$,]]$