managerial accounting

" Group assignment Type here to search Question 2 of 6 K " KAY 1 Current Attempt in P Wateways Cat is reparing its budget for the coming 2022. The other thing year Watergathered the following information on the ann Ust sale for November 201 111000 Unit sales for December 2021 101,000 Expected unit sales for January 2022 114.000 111,000 117,000 Expected unt sales for February 2022 Expected unit sales for March 2022 Expected unit sales for April 2022 Expected unit sales for May 2002 124,000 139.000 Ustselling price 312 Waterways kes to keep 10% of the next mond's unit sales in ending inventory Alles are on account 55% of the Account Receivable are collected in the month sale and 15% of the Accounts Receivable are collected in the month after sale Accounts 1490 1PC Dudy 201 IN !! Type here to search Question 2 of b /11 Waterways kes to keep 10% of the next month's ant sales mending inventory All sales are on account 85% of the Ac Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale Accounts receivable on December 31, 2021 totaled $181.800. Direct Materials Direct materials cost 80 per pound Two pounds of direct materials are required to produce ich unt Waterways kes to keep 5% of the materials needed for the next month in its ending inventory Payment for materials is made within 15 days 50% is paid in the month of purchase, and 50% is paid in the month after purchase. Accounts Payable on December 31 2001. totaled $102.870 Raw Materials on December 31, 2021, totaled 11.370 pound Direct Labor Labor requires 12 minutes per unit for completion and is paid at a rate of $9 per hour Manufacturing Overhead Indirect materials per labor hour Indirect labor per labor hour Utilities per labor hour Maintenance per labor hour OE 30 50 50 20 99 10% Candy0ING M VIURE H Type here to search Question 2016 Manufacturing Overhead Indirect materials per labor hour Indirect labor per tabor hour Utilities per labor hour Maintenance per labor hour Salaries per month Depreciation per month Property taxes per month Insurance per month Maintenance per month Selling and Administrative Variable selling and administrative cost per unit is $1.60. Advertising $16.000 a month O BI 30 50 50 20 $43,000 $18.200 $2.900 $1.100 $1.200 /1 1 16C Che H Type here to search Question 2 of 6 /1 Selling and Administrative Variable selling and administrave cont per unit is $1.60 Advertising $16.000 a month $1.300 a month Salaries $72.000 month Depreciation $2.600 a month Other fived costs $3100 a month Other Information The Cash balance on December 31, 2021, totaled $100.000, but management has decided it would take to maintain a cachbalance of at least $800.000 beginning on January 31, 2022. Dividends are paid each month at the rate of $2.30 per share for 4,910 shares outstanding. The company has an open line of credit with Romney's Bank. The terms of the agreement requires borrowing to be in $1.000 increments at 9% interest. Waterways borrows on the first day of the month and repays on the last day of the month A $500,000 equipment purchase is planned for February (a) O H Type here to search) Question 2 of 6 > Tay For the first quarter of 2022. prepare a sales budget January eTextbook and Media Save for Le WATERWAYS CORPORATION Sales Budget First Quarter February March Attempts: 0 of 1 used Submit A 10 Quady0400 258 NIM H Type here to search eTextbook and Media Attempt: 0 of 1 used S (b) The parts of this question must be completed in order. This part will be available when you complete the part above (c) The parts of this question must be completed in order. This part will be available when you complete the part above (d) The parts of this question must be completed in order. This part will be available when you complete the part above (e) O i 3 E9 16C Cloudy GORES Question 2 of 6 (d) The parts of this question must be completed in order. This part will be available when you complete the part ab (e) The parts of this question must be completed in order. This part will be available when you complete the part above (1) The parts of this question must be cainipleted in order. This part will be available when you complete the part above (8) The parts of this question must be completed in order. This part will be available when you complete the part above. di 1 I 160 Cloudy Do H Type here to search (1) The parts of this question must be completed in order. This part will be available when you complete the part above The parts of this question must be completed in order. This part will be available when you complete the part above (h) The parts of this question must be completed in order. This part will be available when you complets the part abo (1) The parts of this question must be completed in order. This part will be available when you complete the part above O 16C Cloudy