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Wesley's ending finished goods inventory policy is 20 percent of the next month's sales Suppose each handiuw takes approvimately 0.75 hout to manufacture, and Wesley

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Wesley's ending finished goods inventory policy is 20 percent of the next month's sales Suppose each handiuw takes approvimately 0.75 hout to manufacture, and Wesley pays an average labor wage at $28 per hour. Each handisaw requires two plastic components that Wesley purchases from a suppliec at a cost of $3.50 each. The company has an ending drect materiats inventory policy of 25 percent of the following month's production requirements. Materials other than the. plastic components total $4. 50 pec handisaw. Manulacturing ovehead for this product includes $78.600 annual fixed overhead (based on production of 27,000 units) and $1.20 per unit variable mancucturing overhesd Wesley's selling expenses are 7 percent of sales dotars, and administrative expenses are fixed at 5 t, 000 pet mooth. Pequired: Compute the following for the first quarter: Notes Do not round intermediate calculations. Round your final answers to the nearest whole dollar. Wesley's ending finished goods inventory policy is 20 percent of the next month's sales Suppose each handiuw takes approvimately 0.75 hout to manufacture, and Wesley pays an average labor wage at $28 per hour. Each handisaw requires two plastic components that Wesley purchases from a suppliec at a cost of $3.50 each. The company has an ending drect materiats inventory policy of 25 percent of the following month's production requirements. Materials other than the. plastic components total $4. 50 pec handisaw. Manulacturing ovehead for this product includes $78.600 annual fixed overhead (based on production of 27,000 units) and $1.20 per unit variable mancucturing overhesd Wesley's selling expenses are 7 percent of sales dotars, and administrative expenses are fixed at 5 t, 000 pet mooth. Pequired: Compute the following for the first quarter: Notes Do not round intermediate calculations. Round your final answers to the nearest whole dollar

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