From question $2$n $6.$ Ind$$rect mater$$a$$s are purchased as needed and pa$$d tor in cash. Work$-$n$-$process inventory is negl$$gibie$.$

$7.$ Projected production costs in $\backslash (20\backslash$times $1\backslash )$ are as follows:

S Frame L Frame

Direct material:

Metal strips:

S: $2$ feet @ $\backslash (\backslash$$ $1\backslash )$ per foot

L: $3$ feet @ $\backslash (\backslash$$ $1\backslash )$ per foot

Glass sheets:

S: $\backslash (\backslash$frac$\{1\}\{4\}\backslash )$ sheet $\backslash ($ @ $\backslash$$ $8\backslash )$ per sheet

L: $\backslash (\backslash$frac$\{1\}\{2\}\backslash )$ sheet @ $\backslash (\backslash$$ $8\backslash )$ per sheet

Direct labor:

$0\mathrm{.}1$ hour @ $\backslash (\backslash$$ $20\backslash )$

Production overhead:

$0\mathrm{.}1$ direct$-$labor hour $\backslash (\backslash$times $\backslash$$ $10\backslash )$ per hour

Total production cost per unit

$8.$ The predetermined overhead rate is $\backslash (\backslash$$ $10\backslash )$ per direct$-$labor hour. The following production overhead costs are budgeted for $\backslash (20\backslash$times $1\backslash ).$

All of these costs will be paid in cash during the quarter incurred except for the depreciation charges.

$9.$ Frame$-$It's quarterly selling and administrative expenses are $\backslash (\backslash$$ $100,000\backslash ),$ paid in cash.

$10.$ Jackson anticipates that dividends of $\backslash (\backslash$$ $50,000\backslash )$ will be declared and paid in cash each quarter.

$11.$ Frame$-$It's projected balance sheet as of December $31,20$x$0,$ follows: