Question: Based on the preceding projections and budget requirements for Widgets andThingamajigs, prepare the following budgets for2014: 1. Revenues budget(in dollars). 2. Production budget(in units). 3.
Based on the preceding projections and budget requirements for Widgets andThingamajigs, prepare the following budgets for2014:
1. Revenues budget(in dollars).
2. Production budget(in units).
3. Direct material purchases budget(in quantities).
4. Direct material purchases budget(in dollars).
5. Direct manufacturing labour budget(in dollars).
6. Budgeted finished goods inventory at December31, 2014(in dollars).
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