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PAB-4 Preparing Operating Budget Components [LO 8-3a, b, c, d] Wesley Power Tools manufactures a wide variety of tools and accessories. One of a more popular items is a contess power handaw. Each handia els for $30 Wesley expects the followinis unit sudes: March April May 2.300 2.400 2,900 2.700 2.100 Wesley's ending finished goods wentory policy is 20 percent of the next month's sale Suppose sach handsaw takes approximately 75 hours to manufacture, and Wesley pays an average laborage of 20 per hour Each handisew requires a plastic housing that Wesley purchases from a supplier at a cost of $5.00 The company has an ending raw materials inventory policy of 25 percent of the following month's Manufacturing overhed for this product includes $72.000 annual food overhead based on pindu dion at 27,000 units) and 51 20 per unit variable manufacturing overhead. Wesley selling expenses ar percent of sales dollars, and administrative expenses are for at $18,000 per month Required: 1. Compute the following for the first quarter (Do not round your intermediate calculations January February March starter total 5 0 0 1 Butgeted Sole Revent 2 Budgeted Production in Units 3 Budgeted out of Raw Material Purchases for the Past Housings Budgeted Direct Labor Cost 0 5 $ 0

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