Goldstein Inc. manufactures and sells plastic boxes and trays. Sales are projected to be evenly spread over the annual period. Estimated product sales and material needs for each unit of product follow.

Overhead is applied at a rate of $1.60 per direct labor hour.

Material A costs $0.05 per pound, and Material B costs $0.07 per pound. Prepare the following information:
a. Production schedule by product and in total.
b. Purchases budget in units by raw material, in total, and in dollars.
c. Direct labor budget in hours by product, in total, and in dollars. The average direct labor wage rate is $9.50 per hour.
d. Overhead to be charged to production by product and intotal.

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Annual sales Material A Material B Direct labor Boxes 42,000 20 pounds 1.5 pounds 03 hours Trays 30,000 1.0 pound 08 pounds 0.2 hour Expected Beginning Inventories 1,780 pounds 5,000 pounds Desired Ending Inventories 1,500 pounds 1,400 pounds Material A Material B Boxes Trays 1,200 units 1,800 units 800 units 650 units