Foundation Data for Solving questions 1, 2 and 3:
Budgeted Direct Materials Cost Per UNIT		$ 15.00
Budgeted Direct Manufacturing Labor Per UNIT		$ 10.00
Budgeted Manufacturing Overhead Per UNIT		$ 5.00
IN ADDITION TO ABOVE USE THE FOLLOWING:
This is Next Year's Budgeted Data for XYZ
Budgeted Sales Price Per UNIT		$ 20.00
Budgeted Sales - UNITS		27,221	Units
Target Ending Finished Goods Inventory in UNITS		14,721	Units
Target Beginning Finished Goods Inventory in UNITS		14,071	Units
Target Ending Direct Materials Inventory in UNITS		20,721	Units
Target Beginning Direct Materials Inventory in UNITS		18,721	Units
Note: It takes one unit of direct materials to make one production unit.

What is the budgeted revenues for next year? Show your work.