Hello,

I am currently having difficulty solving this problem. This is a managerial accounting, and thank you for your time and help with this problem.

Jensen Manufacturing has the following information relating to their master budget for 2021: Units Sold 3 Selling Price Pounds of Direct Materials Per Unit Manufactured 2 DL Hours Per Unit Manufactured 0 OH Rate Per DL Hour 2 Current Inventory of Finished Product Target Inventory of Finished Product Current Inventory of Direct Materials Target Inventory of Direct Materials Cost per Pound of Direct Material 1 Cost per Direct Labor Hour 2,500 units $100 per unit 3 pounds 2 hours $15 per hour 300 units 200 units 100 pounds 200 pounds $5.00 per pound $20.00 per hour Required On the spreadsheet provided, prepare the following: Sales Budget 1 Production Budget in Units * Direct Materials Budget in Units and Dollars Direct Labor Budget in Hours and Dollars 3 Overhead Budget in Dollars 3 Final Answers Here Please 4 5 Units 6 Price 7 Pounds Per 8 DL Per 9 OH Rate 10 Current Finished 11 Target Finished 12 Current DM 13 Target DM 14 Cost Per DM 15 Cost Per DL 16 2,500 $ 100.00 3.00 2.00 $ 15.00 300 200 100 200 $ 5.00 $ 20.00 Sales Budget Production Budget Direct Materials in Materials Direct Materials in Dollars Direct Labor Budget in Hours Direct Labor Budget in Dollars Overhead Budget in Dollars