1.

Sales Budget
Jan Feb Mar April May Total
Budgeted Sales in units 10,000 10,500 13,000 16,000 18,500 33,500
x price per unit 110 110 110 110 110 110
Projected Sales Revenue 1,100,000 1,155,000 1,430,000 1,760,000 2,035,000 3,685,000

2. Production Budget
Jan Feb Mar April May Total
Budgeted product sales in units 10,000 10,500 13,000 16,000 18,500 33,500
Add: Desired product units End, Inv 2,100 2,600 3,200 3,700 3,200
Total Product Needed 12,100 13,100 16,200 19,700 36,700
Less: Product units in beg. Inventory 900 2,100 2,600 3,200 900
Product units to produce 11,200 11,000 13,600 16,500 35,800

3. Material Purchase Budget

January Febuary March
K298 C30 K298 C30 K298 C30
Units Produced 11,200 11,200 11,000 11,000 13,600 13,600
x material needed per unit 2 3 2 3 2 3
Material needed for units 22,400 33,600 22,000 33,000 27,200 40,800
Add: Desired units of material 6,600 9,900 8,160 12,240 9,900 14,850
Total units of material needed 29,000 43,500 30,160 45,240 37,100 55,650
Less: units of materials in beg. Inventory 6,720 10,080 6,600 9,900 8,160 12,240
units of materials purchase 22,280 33,420 23,560 35,340 28,940 43,410
x cost per unit 4 7 4 7 4 7
Total cost 89,120 233,940 94,240 247,380 115,760 303,870

4. Direct Labor Budget

Jan Feb Mar Total
units to be produced 11,200 11,000 13,600 35,800
x hours per unit 1.5 1.5 1.5 1.5
total hours required 16,800 16,500 20,400 53,700
x wage rate per hours 20 20 20 20
Direct Labor cost 336,000 330,000 408,000 1,074,000

5. Overhead Budget
Jan Feb Mar Total
Budgeted Direct Labor hours 16,800 16,500 20,400 53,700
x variable overhead rate 3.9 3.9 3.9 3.9
Budgeted variable overhead cost 65,520 64,350 79,560 209,430
Add: Budgeted fixed overhead 161,800 161,800 161,800 485,400
Total manufacturing overhead cost 227,320 226,150 241,360 694,830
Less: Depreciation 45,000 45,000 45,000 135,000
Manufacturing overhead 182,320 181,150 196,390 559,830

6. Selling and Admin Expense Budget

Jan Feb Mar Total
Budgeted unit sales 10,000 10,500 13,000 33,500
x variable S&A per unit 6.6 6.6 6.6 6.6
Variable S&A per unit 66,000 69,300 85,800 221,100
Add: Fixed S&A expense
Salaries 88,500 88,500 88,500 265,500
Depreciation 25,000 25,000 25,000 75,000
Other 137,000 137,000 137,000 411,000
Fixed S&A Expense 250,500 250,500 250,500 751,500

Total S&A Expense 316,500 319,800 336,300 972,600

Less: Depreciation 25,000 25,000 25,000 75,000
S&A Expense 291,500 294,800 311,300 897,600