Play$-$Disc makes Frisbee$-$type plastic discs. Each $12-$inch diameter plastic disc has the following manufacturing costs:

Direct materials $$1\mathrm{.}80$

Direct labor $0\mathrm{.}60$

Variable overhead $0\mathrm{.}70$

Fixed overhead $1\mathrm{.}80$

Total unit cost $$4\mathrm{.}90$

For the coming year, Play$-$Disc expects to make $400,000$ plastic discs, and to sell $385,000$ of them. Budgeted beginning inventory in units is $18,000$ with unit cost of $$4\mathrm{.}90.($There are no beginning or ending inventories of work in process.$)$

Required:

Question Content Area

$1.$ Calculate the total budgeted cost of units produced for Play$-$Disc for the coming year. Show the cost of direct materials, direct labor, and overhead.

Budgeted direct materials $fill in the blank c$7$f$474$f$5$dff$2$f$9$c$\_1$

Budgeted direct labor fill in the blank c$7$f$474$f$5$dff$2$f$9$c$\_2$

Budgeted overhead fill in the blank c$7$f$474$f$5$dff$2$f$9$c$\_3$

Total budgeted manufacturing cost $fill in the blank c$7$f$474$f$5$dff$2$f$9$c$\_4$

Question Content Area

$2.$ Prepare a cost of goods sold budget for Play$-$Disc for the year.

Play$-$Disc

Cost of Goods Sold Budget

For the Year

$$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

Total manufacturing cost $fill in the blank b$87$e$2$e$073$fc$5$fa$0\_7$

$-$ Select $-$

$-$ Select $-$

Cost of goods sold $fill in the blank b$87$e$2$e$073$fc$5$fa$0\_12$

Question Content Area

$3.$ What if the beginning inventory of finished goods was $$87,300($for $18,000$ units$)?$ How would that affect the cost of goods sold budget? $($Assume Play$-$Disc uses the FIFO method.$)$

The cost of goods sold would

to $fill in the blank $03$e$0$f$90$b$5006047\_2$

$.$Calculate the total budgeted cost of units produced for Play$-$Disc for the coming year. Show the cost of direct materials, direct labor, and overhead.

Prepare a cost of goods sold budget for Play$-$Disc for the year.

Play$-$Disc

Cost of Goods Sold Budget

For the Year

What if the beginning inventory of finished goods was $$87,300($for $18,000$ units$)?$ How would that affect the cost of goods sold budget? $($Assume Play$-$Disc uses the FIFO

nethod.$)$

the cost of goods sold would

to $