Please help me solve for all the requirements, based on the given information and blank answer slots:

1 Begin by determining the formula, then calculate the budgeted overhead allocation rate for dyeing. (Round your answer to the nearest cent.) [=Budgetedmanufacturingoverheadrate1= (Click the icon to view the additional information.) It budgets 0.25 machine-hours to dye each skein in the dyeing process. There is no direct manufacturing labor cost for dyeing. Xenos budgets 55 direct manufacturing labor-hours to weave a rug at a budgeted rate of $15 per hour. (Click the icon to view the budgeted overhead costs.) Read the requirements. Requirement 4. Prepare a revenue budget for blue rugs for the year, assuming Xenos sells (a) 220,000 or (b) 195,000 blue rugs (that is, at two different sales levels). Requirement 5. Calculate the budgeted cost of goods sold for blue rugs under each sales assumption. (For amounts with a $0 balance, make sure to enter " 0 " in the appropriate cell.) The following table presents the budgeted overhead costs for the dyeing and weaving cost pools: Requirement 2. Calculate the budgeted overhead allocation rates for weaving and dyeing. Begin by determining the formula, then calculate the budgeted overhead allocation rate for weaving. (Round your answer to the nearest cent.) \begin{tabular}{|c|c|c|c|} \hline Other & \multicolumn{2}{|r|}{743,000} & 5,830,000 \\ \hline donted costa & $ & 17,380,000$ & 31,460,000 \\ \hline \end{tabular} Begin by (a) completing the cost of goods sold budget assuming sales of 220,000 rugs, and then (b) complete a cost of goods sold budget assuming sales of 195,000 rugs. Requirement 8. How might top management at Xenos use the budget developed in requirements 16 to better manage the company? (Select all that apply.) Requirement 3. Calculate the budgeted unit cost of a blue rug for the year. (Round your answers to two decimal places.) Xenos Manufacturing Company manufactures blue rugs using wool and dye as direct materials. One rug is budgeted to use 40 skeins of wool at a cost of $4 per skein and 0.75 gallons of dye at a cost of $8 per gallon. All other materials are indirect. At the beginning of the year, Xenos has an inventory of 462,000 skeins of wool at a cost of $1,062,600 and 4,200 gallons of dye at a cost of $25,200. Target ending inventory of wool and dye is zero. Xenos uses the FIFO inventory cost flow method. Total Cost of goods available for sale Deduct ending finished goods inventory Cost of goods sold (b) 195,000 units Requirement 6. Find the budgeted gross margin for blue rugs under each sales assumption. Begin by (a) finding the budgeted gross margin assuming sales of 220,000 rugs, and then (b) finding the budgeted gross margin assuming sales of 195,000 rugs. Budgeted Income Statement Requirement 7 . What actions might you take as a manager to improve profitability if sales drop to 195,000 blue rugs? If sales drop to 195,000 blue rugs, Xenos should look to fixed costs and produce to reduce variable costs and inventory costs. 1. Prepare a direct material usage budget in both units and dollars. 2. Calculate the budgeted overhead allocation rates for dyeing and weaving. 3. Calculate the budgeted unit cost of a blue rug for the year. 4. Prepare a revenues budget for blue rugs for the year, assuming Xenos sells (a) 220,000 or (b) 195,000 blue rugs (that is, at two different sales levels). 5. Calculate the budgeted cost of goods sold for blue rugs under each sales assumption. 6. Find the budgeted gross margin for blue rugs under each sales assumption. 7. What actions might you take as a manager to improve profitability if sales drop to 195,000 blue rugs? 8. How might top management at Xenos use the budget developed in requirements 1-6 to better manage the company? 1 Begin by determining the formula, then calculate the budgeted overhead allocation rate for dyeing. (Round your answer to the nearest cent.) [=Budgetedmanufacturingoverheadrate1= (Click the icon to view the additional information.) It budgets 0.25 machine-hours to dye each skein in the dyeing process. There is no direct manufacturing labor cost for dyeing. Xenos budgets 55 direct manufacturing labor-hours to weave a rug at a budgeted rate of $15 per hour. (Click the icon to view the budgeted overhead costs.) Read the requirements. Requirement 4. Prepare a revenue budget for blue rugs for the year, assuming Xenos sells (a) 220,000 or (b) 195,000 blue rugs (that is, at two different sales levels). Requirement 5. Calculate the budgeted cost of goods sold for blue rugs under each sales assumption. (For amounts with a $0 balance, make sure to enter " 0 " in the appropriate cell.) The following table presents the budgeted overhead costs for the dyeing and weaving cost pools: Requirement 2. Calculate the budgeted overhead allocation rates for weaving and dyeing. Begin by determining the formula, then calculate the budgeted overhead allocation rate for weaving. (Round your answer to the nearest cent.) \begin{tabular}{|c|c|c|c|} \hline Other & \multicolumn{2}{|r|}{743,000} & 5,830,000 \\ \hline donted costa & $ & 17,380,000$ & 31,460,000 \\ \hline \end{tabular} Begin by (a) completing the cost of goods sold budget assuming sales of 220,000 rugs, and then (b) complete a cost of goods sold budget assuming sales of 195,000 rugs. Requirement 8. How might top management at Xenos use the budget developed in requirements 16 to better manage the company? (Select all that apply.) Requirement 3. Calculate the budgeted unit cost of a blue rug for the year. (Round your answers to two decimal places.) Xenos Manufacturing Company manufactures blue rugs using wool and dye as direct materials. One rug is budgeted to use 40 skeins of wool at a cost of $4 per skein and 0.75 gallons of dye at a cost of $8 per gallon. All other materials are indirect. At the beginning of the year, Xenos has an inventory of 462,000 skeins of wool at a cost of $1,062,600 and 4,200 gallons of dye at a cost of $25,200. Target ending inventory of wool and dye is zero. Xenos uses the FIFO inventory cost flow method. Total Cost of goods available for sale Deduct ending finished goods inventory Cost of goods sold (b) 195,000 units Requirement 6. Find the budgeted gross margin for blue rugs under each sales assumption. Begin by (a) finding the budgeted gross margin assuming sales of 220,000 rugs, and then (b) finding the budgeted gross margin assuming sales of 195,000 rugs. Budgeted Income Statement Requirement 7 . What actions might you take as a manager to improve profitability if sales drop to 195,000 blue rugs? If sales drop to 195,000 blue rugs, Xenos should look to fixed costs and produce to reduce variable costs and inventory costs. 1. Prepare a direct material usage budget in both units and dollars. 2. Calculate the budgeted overhead allocation rates for dyeing and weaving. 3. Calculate the budgeted unit cost of a blue rug for the year. 4. Prepare a revenues budget for blue rugs for the year, assuming Xenos sells (a) 220,000 or (b) 195,000 blue rugs (that is, at two different sales levels). 5. Calculate the budgeted cost of goods sold for blue rugs under each sales assumption. 6. Find the budgeted gross margin for blue rugs under each sales assumption. 7. What actions might you take as a manager to improve profitability if sales drop to 195,000 blue rugs? 8. How might top management at Xenos use the budget developed in requirements 1-6 to better manage the company