I need help with #6 and finding the units from current years production, and #10 finished goods inventory, please. I have uploaded everything that I have completed. Thank you for your help. #6 I thought was 89450, but it was wrong.

The following information applies to the questions displayed below. Endless Mountain Company manufactures a single product that is popular with outdoor recreation enthusiasts. The company sells its product to retailers throughout the northeastern quadrant of the United States. It is in the process of creating a master budget for 2019 and reports a balance sheet at December 31, 2018 as follows: $ 46,200 260,000 11,250 32,250 $ 349,700 Endless Mountain Company Balance Sheet December 31, 2018 Assets Current assets: Cash Accounts receivable (net) Raw materials inventory (4,500 yards) Finished goods inventory (1,500 units) Total current assets Plant and equipment: Buildings and equipment Accumulated depreciation Plant and equipment, net Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Stockholders' equity: Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 900,000 (292,000) 608,000 $ 957,700 $ 158,000 $ 419,800 379,900 799,700 $ 957,700 The company's chief financial officer (CFO), in consultation with various managers across the organization has developed the following set of assumptions to help create the 2019 budget: 1. The budgeted unit sales are 12,000 units, 37,000 units, 15,000 units, and 25,000 units for quarters 1-4, respectively. Notice that the company experiences peak sales in the second and fourth quarters. The budgeted selling price for the year is $32 per unit. The budgeted unit sales for the first quarter of 2020 is 13,000 units. 2. All sales are on credit. Uncollectible accounts are negligible and can be ignored. Seventy-five percent of all credit sales are collected in the quarter of the sale and 25% are collected in the subsequent quarter. 3. Each quarter's ending finished goods inventory should equal 15% of the next quarter's unit sales. 4. Each unit of finished goods requires 3.5 yards of raw material that costs $3.00 per yard. Each quarter's ending raw materials inventory should equal 10% of the next quarter's production needs. The estimated ending raw materials inventory on December 31, 2019 is 5,000 yards. 5. Seventy percent of each quarter's purchases are paid for in the quarter of purchase. The remaining 30% of each quarter's purchases are paid in the following quarter. 6. Direct laborers are paid $18 an hour and each unit of finished goods requires 0.25 direct labor-hours to complete. All direct labor costs are paid in the quarter incurred. 7. The budgeted variable manufacturing overhead per direct labor-hour is $3.00. The quarterly fixed manufacturing overhead is $150,000 including $20,000 of depreciation on equipment. The number of direct labor-hours is used as the allocation base for the budgeted plantwide overhead rate. All overhead costs (excluding depreciation) are paid in the quarter incurred. 8. The budgeted variable selling and administrative expense is $1.25 per unit sold. The fixed selling and administrative expenses per quarter include advertising ($25,000), executive salaries ($64,000), insurance ($12,000), property tax ($8,000), and depreciation expense ($8,000). All selling and administrative expenses (excluding depreciation) are paid in the quarter incurred. 9. The company plans to maintain a minimum cash balance at the end of each quarter of $30,000. Assume that any borrowings take place on the first day of the quarter. To the extent possible, the company will repay principal and interest on any borrowings on the last day of the fourth quarter. The company's lender imposes a simple interest rate of 3% per quarter on any borrowings. 10. Dividends of $15,000 will be declared and paid in each quarter. 11. The company uses a last-in, first-out (LIFO) inventory flow assumption. This means that the most recently purchased raw materials are the first-out" to production and the most recently completed finished goods are the first-out to customers. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Prepare the quarterly sales budget including a schedule of expected cash collections. Endless Mountain Company Sales Budget For the Year Ended December 31, 2019 Quarter 1 2 3 4 Year 89,000 Budgeted unit sales Selling price per unit Sales 12,000 37,000 15,000 25,000 $ 32 $ 32 $ 32 $ 32 $ 32 $ 384,000 $ 1,184,000 $ 480,000 $ 800,000 $ 2,848,000 Beginning accounts receivable First-quarter sales Second-quarter sales Third-quarter sales Fourth-quarter sales Total cash collections Schedule of Expected Cash Collections $ 260,000 $ 260,000 288,000 96,000 384,000 888,000 296,000 1,184,000 360,000 120,000 480,000 600,000 600,000 $ 548,000 $ 984,000 $ 656,000 $ 720,000 $ 2,908,000 Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2. Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required Required 10 Prepare the quarterly production budget. Endless Mountain Company Production Budget For the Year Ended December 31, 2019 Quarter 1 2 3 Year 12,000 37,000 15,000 25,000 89,000 5,550 2,250 3,750 1,950 1,950 Budgeted unit sales Add desired units of ending finished goods inventory Total needs Less units of beginning finished goods inventory Required production in units 39,250 18,750 17,550 1,500 16,050 5,550 33,700 2,250 16,500 26,950 3,750 23,200 90,950 1,500 89,450 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Prepare the quarterly direct labor budget. (Round "Per Unit" to 2 decimal places.) Endless Mountain Company Direct Labor Budget For the Year Ended December 31, 2019 Quarter 1 2 3 Year 16,050 33,700 16,500 23,200 89,450 0.25 0.25 0.25 0.25 0.25 Required production in units Direct labor-hours per unit Total direct labor-hours needed Direct labor cost per hour 4,012.5 8,425.0 4,125.0 5,800.0 22,362.5 18 18 $ 18 $ 18 18 Total direct labor cost 72,225 $ 151,650 $ 74,250 $ 104,400 $ 402,525 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Prepare the quarterly manufacturing overhead budget. (Round "Budgeted direct labor hours" answers to 1 decimal place.) Endless Mountain Company Manufacturing Overhead Budget For the Year Ended December 31, 2019 Quarter 1 2 3 4 Year 4,012.5 4,125.0 $ 3 $ 5,800.0 31 $ 17,400 $ 22,362.5 3 67,088 $ Budgeted direct labor hours Variable manufacturing overhead per direct labor-hour Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Less depreciation Cash disbursements for manufacturing overhead 8,425.0 3 $ 25,275 $ 150,000 175,275 3 $ 12,038 $ 150,000 162,038 20,000 142,038 150,000 12,375 $ 150,000 162,375 20,000 142,375 600,000 667,088 80,000 587,088 167,400 20,000 147,400 20,000 155,275 $ Total manufacturing overhead Budgeted direct labor hours Predetermined overhead rate for the year 667,088 22,363.0 29.83 $ Endless Mountain Company Ending Finished Goods Inventory Budget (absorption costing basis) For the Year Ended December 31, 2019 Quantity Cost Item Total Production cost per unit: Direct materials 3.50 yards $ 10.50 Direct labor 0.25 hours $ 3.00 per yard $ 18.00 per hour $ 29.83 per hour 4.50 0.25 hours 7.46 Manufacturing overhead Unit product cost $ 22.46 1,500 Budgeted finished goods inventory: Units from prior year's production Unit product cost Cost from prior year's production $ 21.50 $ 32,250 Units from current year's production Unit product cost Cost from current year's production $ 22.46 Cost of ending finished goods inventory $ 32,250 Prepare the quarterly cash budget. (Round final answers to the nearest whole dollar value.) 4 Year 46,200 314,338 $ 2.908,000 720,000 1,034,338 2,954,200 Endless Mountain Company Cash Budget For the Year Ended December 31, 2019 Quarter 1 2 3 Beginning cash balance $ 46,200 $ 30,000 $ 244,649 $ Add cash receipts: Collection from customers 548,000 984,000 656,000 Total cash available 594,200 1,014,000 900,649 Less cash disbursements: Direct materials 291,287 292,176 226,937 Direct labor 72,225 151,650 74,250 Manufacturing overhead 142,038 155,275 142,375 Selling and administrative 124,000 155,250 127,750 Dividends 15,000 15,000 15,000 Total cash disbursements 644,550 769,351 586,312 Excess or (deficiency) of cash available over disbursements (50,350) 244,649 314,337 Financing: Borrowings (at the beginnings of quarters) 80,350 Repayment (at end of the year) Interest (at 3% per quarter) Total financing 80,350 0 0 Ending cash balance $ 30,000 $ 244,649 $ 314,337 $ 218,054 104,400 147,400 140,250 1,028,453 402,525 587,088 547,250 60,000 2,625,316 328,884 15,000 625,104 409,234 (80,350) (9,642) (89,992) 319,242 80,350 (80,350)| (9,642) (9,642) 319,242 $ Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Required 6 Required 7 Required 8 Required 9 Required 10 Prepare the income statement for the year ended December 31, 2019. (Round final answers to the nearest whole dollar value.). Endless Mountain Company Budgeted Income Statement For the Year Ended December 31, 2019 (Absorption costing basis) Sales $ 2,848,000 Cost of goods sold 1,998,724 Gross margin 849,276 Selling and administrative expenses 579,250 Net operating income 270,026 Interest expense 9,642 Net income $ 260,384