HW CH 10 6 Saved Help Save & Exit Submit Check my work Spring Manufacturing Company makes two components identified as C12 and D57. Selected budgetary data for 2019 follow Finished C12 onentS 15 points DS7 Requirements for each finished component: RM 1 RM 2 RM 3 Direct labor 10 pounds 8 pounds 4 pounds 1 pound 3 hours 2 pounds 2 hours Product information: eBook Sales price Sales (units) Estimated beginning inventory (units Desired ending inventory (units) $ 200 12,000 430 300 $ 220 9,000 160 200 Print Direct Materials Information RM2 References RN1 RM3 Cost per pound Estimated beginning inventory in pounds Desired ending inventory in pounds $43.50 0.50 2,500 4,500 1,000 1,500 500 2,000 The firm expects the average wage rate to be $25 per hour in 2019. Spring Manufacturing uses direct labor hours to apply overhead. Each year the firm determines the overhead application rate for the year based on budgeted direct labor hours for the year. The firrm maintains negligible Work-in-Process Inventory and expects the cost per unit for both beginning and ending inventories of finished products to be identical