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Production Budget Weightless Inc. produces a small and large version of its popular electronic scale. The anticipated unit sales for the scales by sales region are as follows: Bath Gym Scale Scale East Region unit sales 19,200 36,300 West Region unit sales 20,700 21,700 39,900 58,000 Total The finished goods inventory estimated for October 1 for the Bath and Gym scale models is 1,100 and 2,400 units, respectively. The desired finished goods inventory for October 31 for the Bath and Gym scale models is 800 and 2,600 units, respectively. Prepare a production budget for the Bath and Gym scales for the month ended October 31 WEIGHTLESS INC. Production Budget For the Month Ending October 31 Units Units Gym Scale Bath Scale Expected units to be sold Total units required Total units to be produced Direct Labor Cost Budget MatchPoint Racket Company manufactures two types of tennis rackets, the Junior and Pro Striker models. The production budget for March for the two rackets is as follows: Junior Pro Striker Production budget 7,400 units 23,400 units Both rackets are produced in two departments, Forming and Assembly. The direct labor hours required for each racket are estimated as follows: Forming Department Assembly Department Junior 0.25 hour per unit 0.4 hour per unit Pro Striker 0.3 hour per unit 0.65 hour per unit The direct labor rate for each department is as follows: Forming Department $19 per hour Assembly Department $13 per hour Prepare the direct labor cost budget for March. MatchPoint Racket Company Direct Labor Cost Budget For the Month Ending March 31 Forming Department Department Assembly Hours required for production: Junior Pro Striker Total hours required Hourly rate Total direct labor cost Schedule of Cash Collections of Accounts Receivable Furry Friends Supplies Inc., a pet wholesale supplier, was organized on May 1. Projected sales for each of the first three months of operations are as follows: May $310,000 June 440,000 July 630,000 All sales are on account. 55 percent of sales are expected to be collected in the month of the sale, 35% in the month following the sale, and the remainder in the second month following the sale. Prepare a schedule indicating cash collections from sales for May, June, and July Furry Friends Supplies Inc. Schedule of Collections from Sales For the Three Months Ending May 31 June July May May sales on account Collected in May Collected in June Collected in July June sales on account: Collected in June Collected in July July sales on account: Collected in July Total cash collected

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