Chapter 9 - Homework Savec 9 Part 1 of 7 Required information Problem 9-42 Preparation of Master Budget (LO 9-3, 9-4, 9-5) The following formation applies to the questions displayed below.) Fresh Pak Corporation manulectures two types of cardboard boxes used in shipping canned food, fruit and vegetables. The canned food box (type C) and the perishable food box (type P) have the following material and labor requirements. 1 points & 01.68:34 Type of Box C P Direct material required per 100 boxes: Paperboard ($0.20 per pound) Corrugating mediun ($8.10 per pound) Direct labor required per 100 boxes ($12.aa per hour) 30 pounds 20 pounds 8.25 hour 7e pounds 30 pounds 0.50 hour Book Chapter 9 - Homework Saver 9 Indirect material indirect labor Utilities Property taxes Insurance Depreciation Tota2 $ 10,500 se, eee 25, eee 18. eee 15, see 29,80 $143.5ee Part 1 of 2 1 PO The following selling and administrative expenses are anticipated for the next year. 01:58:33 Salaries and fringe benefits of sales personnel Advertising $ 75,00 15,000 Chapter 9 - Homework Savec 9 The sales forecast for the next year is as follows: Bux type C Box type P Sales Volunc See, eee boxes 500,eee boxes Sales Price $9e.ee per hundred takes 130.ee per hundred boxes Part 1 of 7 The following inventory information is available for the next year. The unit production costs for each product are expected to be the same this year and next year. 1 ponts Expected Inventory January 1 Desired Ending Inventory December 31 * 01:58:32 19,999 hakes 20.000 boxes 5,9 hoxes 15,00 boxes Finished foods Box type Dox type P Ran material: Paperboard Corrugating nediun 15,880 pounds 5,8 pounds 5,000 pounds 19,00 pounds Bock Prepare a master budget for FreshPak Corporation for the next year. Assume an income tax rate of 40 percent. Prir: Problem 9-42 Part 1 Retences Required: 1. Prepare the sales budget for the next year. (Round "Sales price per unit" to 2 decimal places.) Boxc Box P Total Sales (in units) Sales price per unit Sales revenue S 0 $ 0 $ 0