PLEASE ANSWER ALL QUESTIONS AND SHOW ALL CALCULATIONS $6-48$ Comprehensive budgeting problem; activity$-$based costing, operating and financial budgets. Tyva makes a very popular undyed cloth sandal in one style, but in Regular and Deluxe. The Regular sandals have cloth soles and the Deluxe sandals have cloth$-$covered wooden soles. Tyva is preparing its budget for June $2021$ and has estimated sales based on past experience. Other information for the month of June follows:

Input Prices

Direct materials

Cloth

Wood

Direct manufacturing labor

$$5\mathrm{.}25$ per yard

$$7\mathrm{.}50$ per board foot

$$15$ per direct manufacturing labor$-$hour

ASSIGNMENT MATERIAL

$2$

Input Quantities per Unit of Output $($per Pair of Sandals$)$

$\backslash$table$[[,$Regular,Deluxe$],[$Direct materials,,$],[$Cloth$,1\mathrm{.}3$ yards,$1\mathrm{.}5$ yards$],[$Wood$,0,2$ b$.$f$.],[$Direct manufacturing labor$-$hours $($DMLH$),5$ hours,$7$ hours$],[$Setup$-$hours per batch,$2$ hours,$3$ hours$],[,,],[$Inventory Information, Direct Materials,,$],[,$Cloth,Wood$],[$Beginning inventory,$610$ yards,$800$ b$.$f$.],[$Target ending inventory,$386$ yards,$295$ b$.$f$.],[$Cost of beginning inventor

CHAPTER $6$ MASTER BUDGET AND RESPONSIBILITY ACCOUNTING

$2.$ Tyva's balance sheet for May $31$ follows.

Tyva Balance Sheet as of May $31$

$\backslash$table$[[$Assets$,,],[$Cash$,,9,435],[$Accounts receivable,$$324,000,],[$Less: Allowance for bad debts,$16,200,307,800],[$Inventories$,,],[$Direct materials,,$9,279],[$Finished goods,,$115,875],[$Fixed assets,$$870,000,],[$Less: Accumulated depreciation,$136,335,733,665],[$Total assets,,$$1,176,{054}_{?}$y$,$$$3,219,$$$6,060$