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PR $9-37($Algo$)$ Completion of Budget Schedules $($LO $9-3,9-5,9-6)$

$2\mathrm{.}5$ points

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Scholastic Furniture, Incorporated, manufactures a variety of desks, chairs, tables, and shelf units that are sold to public school systems throughout the Midwest. The controller of the company's Desk Division is currently preparing a budget for the second quarter of the year. The following sales forecast has been made by the division's sales manager.

$\backslash$table$[[$April$,16,500,$desk$-$and$-$chair sets$],[$May$,18,500,$desk$-$and$-$chair sets$],[$June$,21,500,$desk$-$and$-$chair sets$]]$

Each desk$-$and$-$chair set requires $14$ board feet of pine planks and $1\mathrm{.}6$ hours of direct labor. Each set sells for $$52.$ Pine planks cost $$\mathrm{.}50$ per board foot, and the division ends each month with enough wood to cover $10$ percent of the next month's production requirements. The division incurs a cost of $$23$ per hour for direct$-$labor wages and fringe benefits. The division ends each month with enough finished$-$goods inventory to cover $20$ percent of the next month's sales.

Required:

Complete the following budget schedules.

Sales budget.

Production budget $($in sets$).$

Raw$-$material purchases.

Direct$-$labor budget.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $3$

Required $4$

Sales budget:

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