/" CH 22 Waterways Continuing X NWP Assessment Player Ul A X G Waterways Corporation is pre X l G Waterways Continuing Proble X l + v 6 C' i education.wiley.com/was/ui/v2/assessment-player/index.html?launchld:c57e941'I-a2'l8-437b87e5-e87fi284fc53#lquestion/O m {if 1.. .1. |] o /" Log Into Canvas \"1 Ecom Wholesale.\" a Amazon Seller Ce\". [3 Empire Distribution ( NexDeal ||| Palletfly in Wholesale Central Bulk BuyAmerica .) scan Unlimited 6 CH 22 Waterways Continuing Problem Question 1 of1 2.96/20 E Waterways Corporation is preparing its budget for the coming year, 2022. The rst step is to plan for the rst quarter of that coming year, The company has gathered information from its managers in preparation of the budgeting process Sales Unit sales for November 2021 Unit sales for December 2021 Expected unit sales for January 2022 Expected unit sales for February 2022 Expected unit sales for March 2022 Expected unit sales for April 2022 Expected unit sales for May 2022 Unit selling price 1 12,000 104,000 1 13,000 1 12,000 1 16,000 125,000 138,000 $12 Waterways likes to keep 10% of the next month's unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31, 2021, totaled $187,200. Direct Materials Direct materials cost 80 cents per pound. Two pounds of direct materials are required to produce each unit, Waterways likes to keep 5% of the materials needed for the next month in its ending inventory' Raw Materials on December 31, 2021 totaled 11,290 pounds Payment for materials is made within 15 days 50% is paid in the month of purchase, and 50% is paid in the month after purchase. Accounts Payable on December 31, 2021, totaled $120,595. fe CH 22 Waterways Continuing P X WP NWP Assessment Player UI Ap| X G Waterways Corporation is prep x C Waterways Continuing Problem X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c57e9411-a218-437b-87e5-e87ff284fc53#/question/0 OATALOO Log In to Canvas Ecom Wholesale... a Amazon Seller Ce... E Empire Distribution.. Scan Unlimited CH 22 Waterways Continuing Problem Question 1 of 1 2.96 / 20 E ... Direct Labor Labor requires 12 minutes per unit for completion and is paid at a rate of $9 per hour. Manufacturing Overhead Indirect materials per labor hour Indirect labor 50c per labor hour Utilities 50c per labor hour Maintenance 20g per labor hour Salaries $41,000 per month Depreciation $18,000 per month Property taxes $2,900 per month Insurance $1,200 per month Maintenance $1,300 per month Selling and Administrative Variable selling and administrative cost per unit is $1.60. Advertising $15,000 a monthfe CH 22 Waterways Continuing P X WP NWP Assessment Player UI Ap| X G Waterways Corporation is prep x C Waterways Continuing Problem X + C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c57e9411-a218-437b-87e5-e87ff284fc53#/question/0 OATALOO Log In to Canvas Ecom Wholesale... a Amazon Seller Ce... E Empire Distribution.. Scan Unlimited CH 22 Waterways Continuing Problem Question 1 of 1 [ NexDeal Palletfly we Wholesale Central Bulk Buy America > Scan Unlimited CH 22 Waterways Continuing Problem Question 1 of 1