Scott Corporation's production budget for the upcoming quarter reveals total manufacturing costs of $700,000 (an average manufacturing cost of $25 per unit). The company's beginning finished goods inventory is $6,000, and its budgeted ending finished goods inventory is 500 units. 1. The company's budgeted ending finished goods inventory for the upcoming quarter is $. 2. The company's budgeted cost of goods sold for the upcoming quarter is $.

Rida, Inc., a manufacturer in a seasonal industry, is preparing its direct materials budget for the second quarter. It plans production of 240,000 units in the second quarter and 52,500 units in the third quarter. Raw material inventory is 43,200 pounds at the beginning of the second quarter. Other information follows: Direct materials. Each unit requires 0.60 pounds of raw material, priced at $175 per pound. The company plans to end each quarter with an ending inventory of materials equal to 30% of next quarter's budgeted materials requirements. Prepare a direct materials budget for the second quarter. (Enter "per unit" answers in two decimal places.) Units to be produced RIDA INC. Direct Materials Budget Second Quarter Materials needed for production (pounds) Total materials requirements (pounds) Materials to be purchased (pounds) Budgeted cost of direct materials purchases 240,000 units

Echo Amplifiers prepared the following sales budget for the first quarter of 2018:   Jan. Feb. Mar. Units 800 1,300 1,500 Sales price $100 $100 $100 Budgeted sales $80,000 $130,000 $150,000 It also has this additional information related to its expenses: Direct material per unit $1.50 Direct labor per unit 2 Variable manufacturing overhead per hour 0.50 Fixed manufacturing overhead per month 2,900 Sales commissions per unit 15 Sales salaries per month 5,100 Delivery expense per unit 0.40 Factory utilities per month 5,000 Administrative salaries per month 21,000 Marketing expenses per month 8,000 Insurance expense per month 11,000 Depreciation expense per month 10,000   Prepare a sales and administrative expense budget for each month in the quarter ending March 31, 2018. Enter all amounts as positive numbers. Echo AmplifiersSales and Administrative BudgetFor the Quarter Ending March 31, 2018   January February March Budgeted Sales in Units…

Cookies Co. is now preparing the budget for direct materials purchases, direct labor, and manufacturing overhead.Direct Materials Purchases Budget InformationEach unit of product requires 1.5 pounds of direct materials per unit, and the cost of direct materials is $2 per pound. Management prefers to maintain ending raw materials inventory equal to 30 percent of next quarter's materials needed in production. Assume raw materials inventory at the end of the fourth quarter budget period is estimated to be 41,000 pounds.Direct Labor Budget InformationEach unit of product requires 0.20 direct labor hours at a cost of $12 per hour.Manufacturing Overhead Budget InformationVariable overhead costs are:Indirect materials: $0.20 per unitIndirect labor: $0.15 per unitOther: $0.35 per unitFixed overhead costs each quarter are:Salaries: $28,000Rent: $22,000Depreciation: $16,165 1. Prepare a direct materials purchases using the format provided.  2. Prepare a direct labor budget using the format…

(The following information applies to the questions displayed below.] Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180. Shadee's beginning and ending finished goods inventories for May are 75 and 50 shades, respectively. Ending finished goods inventory for June will be 60 shades. Required: 1. Determine Shadee's budgeted total sales for May and June, 2. Determine Shadee's budgeted production in units for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted total sales for May and June Budgeted Total Sales May Juna

Osprey Cycles, Inc. projected sales of 60,589 bicycles for the year. The estimated January 1 inventory is 6,049 units, and the desired December 31 inventory is 7,919 units. What is the budgeted production (in units) for the year?__________________

Lily’s Manufacturing Company has budgeted the following unit sales:                            2021                                       Units                         January                                     10,000                         February                                     8,000                         March                                         9,000                         April                                         11,000                         May                                          15,000 The finished goods units on hand on December 31, 2020, was 1,000 units. Each unit requires 2 pounds of raw materials that are estimated to cost an average of $3 per pound. It is the company's policy to maintain a finished goods inventory at the end of each month equal to 10% of next month's anticipated sales. They also have a policy of maintaining a raw materials inventory at the end of each month equal to 20% of the pounds needed for the following month's production.…

Osprey Cycles, Inc. projected sales of 64,237 bicycles for the year. The estimated January 1 inventory is 3,510 units, and the desired December 31 inventory is 6,177 units. What is the budgeted production (in units) for the year?______________________

Coronado Industries determines that 63000 pounds of direct materials are needed for production in July. There are 4200 pounds of direct materials on hand at July 1 and the desired ending inventory is 3600 pounds. If the cost per unit of direct materials is $3, what is the budgeted total cost of direct materials purchases? O 183600. O 190800. O 187200. O 194400.

COVID19Co produces hand tools. A sales budget for the next four months is as follows March10.700 units, April 13.600, May 16,200, and June 21.200 COVID19Co's ending finished goods inventory policy is 10% of the following month's sales. What is budgeted ending finished goods inventory for March?