Prepare a sales budget ll bmobile ?8:26 AM88%X Individual Assignment |- Case - (E...Appendix IContributionMarginRatioSales MixWhite Chocolate50.00%40.00%Dark Chocloate30.00%60.00%Pure Chocolate20.00%70.00%EstimatedTotal Driver perActivity Cost PoolIssuing Purchase OrdersDelivery OrdersOverheadVolume$150,00050,000$160,00020,000Packaging$450,000 100,000Cost DriverNo. of Purchase OrdersNo. of ReamsNo. of Orders DeliveredPureActivity Cost PoolIssuing Purchase OrdersDark ChocolateWhite ChocolateChocolate125180160Delivery OrdersPackaging150400325160350300Raw Materials Data$1,250,000BeginningEnding$24,500Work in ProcessBeginningEndingManufacturing Overhead$89,000$16,000$215,000Direct Labour824,000.00Old Machine80,000,00New Machine55,000.00Production Cost per unitSales Cost per unitProduction in units (OldMachine)6.508,5050.00Sale in Units (Old Machine)50.00 ull bmobile ?8:27 AM88%X Individual Assignment I - Case - (E...Appendix IIExpected Unit SaleNovember474,667December712,000January's sales increases by 50% incrementally each monthDesired Ending Finished Goods:January's Beginning finished goods:10% following month's productionrequirements10% of Estimated first quarter salesDesired Ending Direct Materials (lbs):January's Beginning Direct Materials(Lbs):5% next month's production10% Estimated first quarter's productionDirect Materials per unit.Direct Materials cost per lb.2 lbs$0.75Collection Contract Schedule60% in the same month of sale30% in the next month of sale10% two months after saleScheduled Payments50% in the month of purchase50% in the next month of purchaseSelling & Administrative$Variable Expenses per UnitFixed ExpensesAdvertising1.4015,000.00Insurance1,400.00Salaries12,000.00Depreciation2,200.00Other3,000.00Total Direct Labour Cost$JanuaryFebruary4,037,040.006,055,560.00March9,788,400.00Total Indirect Labour HoursJanuary224,280February336,420March435,040

Appendix II Expected Unit Sale November 474,667 December 712,000 January's sales increases by 50% incrementally each month 10% following month's production requirements 10% of Estimated first quarter sales Desired Ending Finished Goods: January's Beginning finished goods: Desired Ending Direct Materials (lbs): January's Beginning Direct Materials (Lbs): 5% next month's production 10% Estimated first quarter's production Direct Materials per unit. 2 lbs Direct Materials cost per lb. $0.75 Collection Contract Schedule 60% in the same month of sale 30% in the next month of sale 10% two months after sale Scheduled Payments 50% in the month of purchase 50% in the next month of purchase Selling & Administrative $ Variable Expenses per Unit Fixed Expenses 1.40 Advertising 15,000.00 Insurance 1,400.00 Salaries 12,000.00 Depreciation 2,200.00 Other 3,000.00 Total Direct Labour Cost $ January February 4,037,040.00 6,055,560.00 March 9,788,400.00 Total Indirect Labour Hours January 224,280 February 336,420 March 435,040

Appendix II Expected Unit Sale November 474,667 December 712,000 January's sales increases by 50% incrementally each month 10% following month's production requirements 10% of Estimated first quarter sales Desired Ending Finished Goods: January's Beginning finished goods: Desired Ending Direct Materials (lbs): January's Beginning Direct Materials (Lbs): 5% next month's production 10% Estimated first quarter's production Direct Materials per unit. 2 lbs Direct Materials cost per lb. $0.75 Collection Contract Schedule 60% in the same month of sale 30% in the next month of sale 10% two months after sale Scheduled Payments 50% in the month of purchase 50% in the next month of purchase Selling & Administrative $ Variable Expenses per Unit Fixed Expenses 1.40 Advertising 15,000.00 Insurance 1,400.00 Salaries 12,000.00 Depreciation 2,200.00 Other 3,000.00 Total Direct Labour Cost $ January February 4,037,040.00 6,055,560.00 March 9,788,400.00 Total Indirect Labour Hours January 224,280 February 336,420 March 435,040

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 4.7C

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