Wesley Power Tools manufactures a wide variety of tools andaccessories. One of its more popular items is a cordless powerhandisaw. Each handisaw sells for $46. Wesley expects the followingunit sales:

January	3,800
February	4,000
March	4,500
April	4,300
May	3,700

Wesley’s ending finished goods inventory policy is 25 percent ofthe next month’s sales.

Suppose each handisaw takes approximately 0.60 hours tomanufacture, and Wesley pays an average labor wage of $22 perhour.

Each handisaw requires a plastic housing that Wesley purchases froma supplier at a cost of $5.00 each. The company has an endingdirect materials inventory policy of 20 percent of the followingmonth’s production requirements. Materials other than the housingunit total $4.50 per handisaw.

Manufacturing overhead for this product includes $72,000 annualfixed overhead (based on production of 27,000 units) and $1.20 perunit variable manufacturing overhead. Wesley’s selling expenses are7 percent of sales dollars, and administrative expenses are fixedat $18,000 per month.

Required:
Compute the following for the first quarter: (Round yourintermediate calculations to nearest whole dollar.)

	January February March 1st Quarter total 1. Budgeted Sales Revenue $0 2. Budgeted Production in Units 0 3. Budgeted Cost of Direct MaterialsPurchases for the Plastic Housings $0 4. Budgeted Direct Labor Cost $0