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PT. ABC produces bookshelves with projected sales for the first quarter of the coming...

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Accounting

PT. ABC produces bookshelves with projected sales for the first quarter of the coming year and beginning and ending inventories as follows:

Unit sales 150,000 units

Price per unit$ 20

Units in beginning inventory 9,000 units

Units in targeted ending inventory 11,000 units

Bookcases are printed then painted. Each shelf requires 4 pounds of metal which is worth $2.50 per pound. The beginning inventory of raw materials is 4,500 pounds. The desired ending inventory for the quarter is 6,500 pounds of metal. Each shelf produced requires 30 minutes of direct labor which is charged at $9 per hour.

Requested:

a. Prepare a sales budget for the first quarter.

b. Prepare a production budget for the first quarter.

c. Prepare a direct materials purchase budget for the first quarter.

d. Prepare a direct labor budget for the first quarter.

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