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Wesley Power Tools manufactures a wide variety of tools and accessories. One of its more popular items is a cordless power handisaw. Each handisaw sells for $44. Wesley expects the following unit sales:

January	2,000
February	2,200
March	2,700
April	2,500
May	1,900

Wesleys ending finished goods inventory policy is 30 percent of the next months sales.

Suppose each handisaw takes approximately 0.75 hour to manufacture, and Wesley pays an average labor wage of $18 per hour.

Each handisaw requires two plastic components that Wesley purchases from a supplier at a cost of $3.50 each. The company has an ending direct materials inventory policy of 25 percent of the following months production requirements. Materials other than the plastic components total $5.60 per handisaw.

Manufacturing overhead for this product includes $72,900 annual fixed overhead (based on production of 27,000 units) and $1.20 per unit variable manufacturing overhead. Wesleys selling expenses are 7 percent of sales dollars, and administrative expenses are fixed at $18,000 per month.

Compute the following for the first quarter:

Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar.

JAN FEB MARCH Q1

1. Budgeted Sales Revenue	not attempted	not attempted	not attempted	$0
2. Budgeted Production in Units	not attempted	not attempted	not attempted	0not attempted
3. Budgeted Cost of Direct Material Purchases	not attempted	not attempted	not attempted	$0
4. Budgeted Direct Labor Cost

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Wesley Power Tools manufactures a wide variety of tools and accessories. One of its more popular items is a cordless power handisaw. Each handisaw sells for $30. Wesley expects the following unit sales:

January	2,200
February	2,400
March	2,900
April	2,700
May	2,100

Wesleys ending finished goods inventory policy is 20 percent of the next months sales.

Suppose each handisaw takes approximately 0.75 hour to manufacture, and Wesley pays an average labor wage of $20 per hour.

Each handisaw requires two plastic components that Wesley purchases from a supplier at a cost of $3.50 each. The company has an ending direct materials inventory policy of 25 percent of the following months production requirements. Materials other than the plastic components total $4.50 per handisaw.

Manufacturing overhead for this product includes $73,200 annual fixed overhead (based on production of 27,000 units) and $1.20 per unit variable manufacturing overhead. Wesleys selling expenses are 7 percent of sales dollars, and administrative expenses are fixed at $18,000 per month.

	JAN	FEB	MARCH
1. Budgeted Sales Revenue	not attempted	not attempted	not attempted	$0
2. Budgeted Production in Units	not attempted	not attempted	not attempted	0not attempted
3. Budgeted Cost of Direct Materials Purchases for the Plastic Housings	not attempted	not attempted	not attempted	$0
4. Budgeted Direct Labor Cost	not attempted

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