Bullen & Company makes and sells high-quality glare filters for microcomputer monitors. John Crave, controller, is responsible for preparing Bullen€™s master budget and has assembled the following data for 2010.

The direct labor rate includes wages and all employee-related benefits. Labor saving machinery will be fully operational by March. Also, as of March 1, the company€™s union contract calls for an increase in direct labor wages that is included in the direct labor rate. Bullen expects to have 10,000 glare filters in inventory at December 31, 2009, and has a policy of carrying 50 percent of the following month€™s projected sales in inventory.

Required:
Prepare the following monthly budgets for Bullen & Company for the first quarter of 2010. Be sure to show supporting calculations.
a. Production budget in units
b. Direct labor budget in hours
c. Direct materials cost budget
d. Sales budget (CMAadapted)

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2010 January Febary March April Estimated unit salcs Sales price per unit Direct labor hours per unit Direct labor hourly rato Direct matcrials cost per unit 20,000 S80 4.0 S15 S10 24,000 $80 4.0 $15 $10 16,000 $75 3.5 $16 S10 18,000 $75 3.5 $16 S10