data fon uike in developing the budgeted income statement lor lartusery: bird houte 15,000 inviss at 125 pet unit Eird feedec 40,000 units at 115 ber uint: b. Eetimated imvencories ot Jonuary 1 Direct eratertals- Wood 600th Platici 1,000 losi: Finhhhd product Gird house 1,000 units at $15 per unit: Bitd feeder 2.500 units at 58 per unit c. Desired inventories at zantary. 31: Pitect materlats: Wood 500n Piatic 1,250 inti. Finished oroduces: Bird house 1,500 units at $15 per unit. Wird freden 3,000 units at $8 per unl d. Direct materala used in production: In manufactide of Bird Howsel Wood d.ep it. per unit af pradoct Pastic 0.10 ti. per unit of produet In manufacture of Bird Feeder: Wood 0.20ft. per unit of product Plastic 1.00lb. per unit of product e. Anticipated cost of purchases and beginning and ending inventory of direc Wood $2.50 per ft. Plastic $0.80 per lb. f. Direct labor requirements: Bird House: Fabrication Department 0.40hr. at $18 per hr. Assembly Department 0.20hr, at $12 per hr. Bird Feeder: Fabrication Department 0.25hr. at $18 per hr. Assembly Department 0.10hr. at $12 per hr. 9. Estimated factory overhead costs for January: g. Estimated factory overhead costs for January: II. Estimated operating expenses for January: 1. Estimated other revenue and expense for January: j. Estimated tax rate: 25% 1. Prepare a sales budget for January. 2. Prepare a. production budget for January. For those boxes in which you must enter subtracted or negative numbers use a minuss sign. 3. Prepare a direst materiais purchanes budget for January. For those boxes in which you must enter suburacted or negative numbers use a minus sion. Birding Homes 8 Feedern Inc. Direct Materials Purchases Budget For the Month Ending January 31 ReQuired inits tor pruductien: Bird house Wird legder Desired units of inventory, January 31 Total unike avaicable Ertimated units of imventocy, Janiary. 1 Total units to bo purchased Unit. price Total Alirect matarials to be purchased 4. Prepare a direct labor cost budget for Januany. 5. Prepare a factory overhead cost budget for January. estimaceo to be 110,500 . Fer thece bones in which vou munt enter nutracted of nogativi numbon use a minus sigh Birding Homes B Feeders inc. Cont of Goods sold gudget For the Month Ending January 31 Dutect matariult: Coit of diect materials whallible for use Cost of direct minterials ploced in production Total manurochuring costs 7okel woricin phocess during peribd Cost ot gogds manufockured Coit of tinisheit goods avarable for sale Pont of gooves sold 7. Prepare a selling and administrative exnenses budoet for lanuiarv. 9. Prepare a budgeted income statement for January. In the Other nevenue and expense section, indicote-experses as negative amounts. The budget director of Birding Homes \& Feeders Inc, with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the follon data for use in developing the budgeted income statement for lanuary: a. Estimated sales for lanuary? Bird house 15,000 units at $25 per unit Bird feeder 40,000 units at $15 per unit b. Estimated inventorles at January 1: Direct materials: Wood 600ft Plastic 1,000 ths. Finished products: Bird house 1,000 units at $15 per unit Bird feeder 2,500 units at $8 per unit c. Desired inventories at January 31: Direct materials: Wood 500ft. Plastic 1,250 los Finished products: Bird house 1,500 units at 515 per unit Bird feeder 3,000 units at $8 per unit. d. Direct materials used in production: In manufacture of Bird House: Wood o.s0 tt per unit of product Plastic 0.10 ib per unit of product In manufacture of Bird Feeder: Wood 0.20ft. per unit of product Plastic 1.00lb. per unit of product e. Anticipated cost of purchases and beginning and ending inventory of direct materials: Wood $2.50 per ft. Plastic $0.80 per lb. f. Direct labor requirements: Bird House: Fabrication Department 0.40hr, at $18 per hr. Assembly Departmt 0.20hr, at $12 per hr. Bird Feeder: Fabrication Department 0.25hr. at $18 per hr. Assembly Department 0.10hr. at $12 per hr. 9. Estimated factory overhead costs for January: h. Estimated operating expenses for January: i. Estimated other revenue and expense for January: j. Estimated tax rate: 25% 1. Prepare a sales budget for January. 2. Prepare a production budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 3. Prepare a direct materials purchases budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 4. Prepare a direct labor cost budget for January. Birding Homes \& Feeders Inc. Direct Labor Cost Budget 5. Prepare a factory overhead cost budget for January. 6. Prepare a cost ot goodis sold budget for January. Work in process at the beginning of January is estimated to be $9,000, and work in process at the end of January is estimated to be $10,500. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 7. Prepare a selling and administrative expenses budget for January. Prepare a budgeted income statement for January. In the Other revenue and expense section, indicate expenses as negative amounts. data fon uike in developing the budgeted income statement lor lartusery: bird houte 15,000 inviss at 125 pet unit Eird feedec 40,000 units at 115 ber uint: b. Eetimated imvencories ot Jonuary 1 Direct eratertals- Wood 600th Platici 1,000 losi: Finhhhd product Gird house 1,000 units at $15 per unit: Bitd feeder 2.500 units at 58 per unit c. Desired inventories at zantary. 31: Pitect materlats: Wood 500n Piatic 1,250 inti. Finished oroduces: Bird house 1,500 units at $15 per unit. Wird freden 3,000 units at $8 per unl d. Direct materala used in production: In manufactide of Bird Howsel Wood d.ep it. per unit af pradoct Pastic 0.10 ti. per unit of produet In manufacture of Bird Feeder: Wood 0.20ft. per unit of product Plastic 1.00lb. per unit of product e. Anticipated cost of purchases and beginning and ending inventory of direc Wood $2.50 per ft. Plastic $0.80 per lb. f. Direct labor requirements: Bird House: Fabrication Department 0.40hr. at $18 per hr. Assembly Department 0.20hr, at $12 per hr. Bird Feeder: Fabrication Department 0.25hr. at $18 per hr. Assembly Department 0.10hr. at $12 per hr. 9. Estimated factory overhead costs for January: g. Estimated factory overhead costs for January: II. Estimated operating expenses for January: 1. Estimated other revenue and expense for January: j. Estimated tax rate: 25% 1. Prepare a sales budget for January. 2. Prepare a. production budget for January. For those boxes in which you must enter subtracted or negative numbers use a minuss sign. 3. Prepare a direst materiais purchanes budget for January. For those boxes in which you must enter suburacted or negative numbers use a minus sion. Birding Homes 8 Feedern Inc. Direct Materials Purchases Budget For the Month Ending January 31 ReQuired inits tor pruductien: Bird house Wird legder Desired units of inventory, January 31 Total unike avaicable Ertimated units of imventocy, Janiary. 1 Total units to bo purchased Unit. price Total Alirect matarials to be purchased 4. Prepare a direct labor cost budget for Januany. 5. Prepare a factory overhead cost budget for January. estimaceo to be 110,500 . Fer thece bones in which vou munt enter nutracted of nogativi numbon use a minus sigh Birding Homes B Feeders inc. Cont of Goods sold gudget For the Month Ending January 31 Dutect matariult: Coit of diect materials whallible for use Cost of direct minterials ploced in production Total manurochuring costs 7okel woricin phocess during peribd Cost ot gogds manufockured Coit of tinisheit goods avarable for sale Pont of gooves sold 7. Prepare a selling and administrative exnenses budoet for lanuiarv. 9. Prepare a budgeted income statement for January. In the Other nevenue and expense section, indicote-experses as negative amounts. The budget director of Birding Homes \& Feeders Inc, with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the follon data for use in developing the budgeted income statement for lanuary: a. Estimated sales for lanuary? Bird house 15,000 units at $25 per unit Bird feeder 40,000 units at $15 per unit b. Estimated inventorles at January 1: Direct materials: Wood 600ft Plastic 1,000 ths. Finished products: Bird house 1,000 units at $15 per unit Bird feeder 2,500 units at $8 per unit c. Desired inventories at January 31: Direct materials: Wood 500ft. Plastic 1,250 los Finished products: Bird house 1,500 units at 515 per unit Bird feeder 3,000 units at $8 per unit. d. Direct materials used in production: In manufacture of Bird House: Wood o.s0 tt per unit of product Plastic 0.10 ib per unit of product In manufacture of Bird Feeder: Wood 0.20ft. per unit of product Plastic 1.00lb. per unit of product e. Anticipated cost of purchases and beginning and ending inventory of direct materials: Wood $2.50 per ft. Plastic $0.80 per lb. f. Direct labor requirements: Bird House: Fabrication Department 0.40hr, at $18 per hr. Assembly Departmt 0.20hr, at $12 per hr. Bird Feeder: Fabrication Department 0.25hr. at $18 per hr. Assembly Department 0.10hr. at $12 per hr. 9. Estimated factory overhead costs for January: h. Estimated operating expenses for January: i. Estimated other revenue and expense for January: j. Estimated tax rate: 25% 1. Prepare a sales budget for January. 2. Prepare a production budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 3. Prepare a direct materials purchases budget for January. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 4. Prepare a direct labor cost budget for January. Birding Homes \& Feeders Inc. Direct Labor Cost Budget 5. Prepare a factory overhead cost budget for January. 6. Prepare a cost ot goodis sold budget for January. Work in process at the beginning of January is estimated to be $9,000, and work in process at the end of January is estimated to be $10,500. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 7. Prepare a selling and administrative expenses budget for January. Prepare a budgeted income statement for January. In the Other revenue and expense section, indicate expenses as negative amounts