please help me with my hw

ets for the athletic teams of the two local high Manufacturing overhead (both variable and fixed) direct manufacturing labor-hours per blanket. Click the icon to view the overhead informatic X Finished Goods Inventory Data relating to finished goods inventory for March 2017 are as follows Broncos Blanket Rams Blanket Beginning inventory in units Beginning inventory in dollars (cost) $ 1,960 $ 2,945 Target ending inventory in units 24 29 Print Done O PHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead schools. direct manufacturing labor-hours per blanket. i(Click the icon to view additional information.) i (Click the icon to view the overhead information.) . . . (Click the icon to view the budgeted direct-cost) (Click the icon to view the finished goods inventory.) (Click the icon to view the direct materials.) i (Click the icon to view additional information.) (Click the icon to view the direct-cost inputs.) Read the requirements is the total fixed manufacturing overhead divided by the total direct manufacturing labor hours. Unit Costs of Ending Finished Goods Inventory March 31, 2017 Product Broncos Rams Cost per unit Input per unit Cost per unit Input per unit of input of output Total of input of output Total Wool 11 5 yds 13 6 yds O 60 86 F Clear ~ 9 dManufacturing overhead (both variable and fixed) is allocated to each blanket on the basis of budgeted direct manufacturing labor-hours per blanket. i (Click the icon to view the overhead information.) (Click the icon to view the finished goods inventory.) i (Click the {an to view additional information.) Read the requirements Submit quiz 10:56 PM 86'F Clear 7/20/2022woolen blankets for the athletic teams of the two local high Manufacturing overhead (both variable a direct manufacturing labor-hours per blar 6.Click the icon to view the overhead Sales and Other Information Budgeted sales for March 2017 are 140 units of the Broncos blankets and 195 units of the Rams blankets. The budgeted selling prices per unit in March 2017 are $305 for the Broncos blankets and $378 for the Rams blankets. Assume the following in your answer: . Work-in-process inventories are negligible and ignored. . Direct materials inventory and finished goods inventory are costed using the FIFO method. Unit costs of direct materials purchased and finished goods are constant in March 2017. Total Print DoneHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Mandi schools direct manufacturing labor-hours per blanket. i (Click the icon to view additional information.) i (Click the icon to view the overhead information.) (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished goods inventory.) (Click the icon to view the direct materials.) i (Click the icon to view additional information.) (Click the icon to view the direct-cost inputs.) Read the requirements Cost of goods sold Requirement 2. Suppose Hale Specialties decides to incorporate continuous improvement into its budgeting process. Select two areas where it could incorporate continuous improvement into the budget schedules in requirement 1. Direct manufacturing labor can incorporate continuous improvement by revising the budgeted usage of 4 hours and 5 hours on a monthly basis. Hale Specialties can continually improve variable manufacturing overhead by budgeting more efficient use of the allocation base. To continually improve the direct material usage budget, the company should verify that the beginning inventory is as low as possible to decrease the materials used during production. Only by reducing the budget on a monthly basis for the amounts of fixed overhead can Hale Specialties continually improve fixed manufacturing overhead. By increasing the target ending finished goods inventory, Hale Specialties will reduce the production budget therefore continually improve the direct material purchases budget.Hale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high direct manufac schools i (Click the i (Click the icon to view additional information.) (Click the BE(Click the icon to view the budgeted direct-cost.) i (Click the (Click the icon to view the direct materials.) (Click the icon to view the direct-cost inputs.) Read the requ Total ending inventory g. Prepare the cost of goods sold budget. Cost of Goods Sold Budget For the Month of March, 2017 Beginning finished goods inventory, March 1 Direct materials used Direct manufacturing labor Manufacturing overhead O 60 W E R O S G H K C B N Mblankets for the athletic teams of the two local high Manufacturing overhead (both variable and fix direct manufacturing labor-hours per blanket. (Click the icon to view the overhead inform Requirements 1. Prepare the following budgets for March 2017: a. Revenues budget b. Production budget in units c. Direct material usage budget and direct material purchases budget d. Direct manufacturing labor costs budget . Manufacturing overhead costs budget f. Ending inventories budget (direct materials and finished goods) g. Cost of goods sold budget Suppose Hale Specialties decides to incorporate continuous improvement into its budgeting process. Describe two areas where it could incorporate continuous improvement into the budget schedules in requirement 1. Print Done 6 O PHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both variable al schools. direct manufacturing labor-hours per blanket. i (Click the icon to view additional information.) i (Click the icon to view the overhead information.) (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished goods inventory.) (Click the icon to view the direct materials.) i (Click the icon to view additional information.) (Click the icon to view the direct-cost inputs.) Read the requirements Total required units Deduct beginning finished goods inventory 14 19 Units of finished goods to be produced c. Prepare the direct material usage budget and direct material purchases budget Begin with the physical units portion, then prepare the cost budget portion of the direct material usage budget. (For amounts with a zero balance, make sure to enter "0" in the appropriate cell Direct Material Usage Budget in Quantity and Dollars For the Month of March Material O Zi 60 86 F Clearschools. i (Click the icon to view additional information.) i (Click the icon to view the overhead information.) :(Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished goods inventory.) (Click the icon to view the direct materials.) i (Click the icon to view additional information.) (Click the icon to view the direct-cost inputs.) Read the requirements. Manufacturing Overhead Budget For the Month of March Variable manufacturing overhead costs Fixed manufacturing overhead costs Total manufacturing overhead costs f. Prepare the ending inventories budget (direct materials and finished goods). Complete the information below by entering the appropriate amounts to calculate the unit costs of ending finished goods inventory for the Broncos blankets and Rams blankets. Remember the fixed manufacturing overhead rate is the total fixed manufacturing overhead divided by the total direct manufacturing labor hours.Hale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both variable schools direct manufacturing labor-hours per bla i (Click the icon to view additional information.) i (Click the icon to view the overhead (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished g (Click the icon to view the direct materials.) (Click the icon to view additional inf (Click the icon to view the direct-cost inputs.) Read the requirements. Purchases d. Prepare the direct manufacturing labor costs budget. (Abbreviation used: DMLH = Direct manufacturing labor hours) Direct Manufacturing Labor Costs Budget For the Month of March Output units DMLH Total Hourly produced per unit DMLH wage rate Total Broncos blankets 40 Rams blankets 5.0 O Ri m 60Hale Specialties manufac schools. direct manufacturing labor-hours per bla i (Click the icon to view additional information.) i (Click the icon to view the overhead inf (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished good (Click the icon to view the direct materials.) i (Click the icon to view additional inform (Click the icon to view the direct-cost inputs.) Read the requirements X Now prepare the total manufacturing overhead cost budgets by entering the appropriate amounts then calculate the total manufacturing overhead costs Manufacturing Overhead Budget For the Month of March Variable manufacturing overhead costs Fixed manufacturing overhead costs Total manufacturing overhead costs f. Prepare the ending inventories budget (direct materials and finished goods) O Eli 60 @Manufacturing overhead Hale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high direct manufacturing lab schools. i (Click the icon to vi i (Click the icon to view additional information.) (Click the icon to vie (Click the icon to view the budgeted direct-cost.) (Click the icon to view the direct materials.) i (Click the icon to vie (Click the icon to view the direct-cost inputs.) Read the requirements Now prepare the ending inventories budget. Ending Inventories Budget March 31, 2017 Quantity Cost per unit Total Direct materials Red wool 30 11 Black woo 20 13 Broncos logo 30 8 O 60 W E R S H K N MHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both vanable and IX schools. direct manufacturing labor-hours per blanket. i (Click the icon to view additional information.) i (Click the icon to view the overhead inform (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished goods in (Click the icon to view the direct materials.) i (Click the icon to view additional information (Click the icon to view the direct-cost inputs.) Read the requirements. Materials Broncos Rams Red wool Black wool logo patches logo patches Total Physical Units Budget To be used in production yds yds Add target ending inventory 30 yds 20 yds 30 30 Total requirement yds yds Deduct beginning inventory 40 yds 20 yds 50 65 O 60 3(Click the icon to view the overhead information.) X ds inventory.) Direct Materials ation. Unit data pertaining to the direct materials for March 2017 are as follows: Actual Beginning Direct Materials Inventory (3/1/2017) Broncos Blanket Rams Blanket Red wool fabric 40 yards 0 yards Black wool fabric 0 20 Broncos logo patches 50 0 Rams logo patches 0 65 Target Ending Direct Materials Inventory (3/31/2017) Broncos Blanket Rams Blanket Red wool fabric 30 yards U yards Black wool fabric 0 Broncos logo patches 30 Rams logo patches Print Done 86"F Clear G H Kblankets for the athletic teams of the two local high Manufacturing overhead (both variable an direct manufacturing labor-hours per blank (Click the icon to view the overhead in Direct-Cost Inputs Unit cost data for direct-cost inputs pertaining to February 2017 and March 2017 are as follows February 2017 (actual) March 2017 (budgeted) Red wool fabric (per yard) Black wool fabric (per yard) 13 Broncos logo patches (per patch) 8 8 Rams logo patches (per patch) 7 9 Manufacturing labor cost per hour 27 28 Print Doneschools i (Click the icon to view additional information.) (Click the icon to view the budgeted direct-cost.) (Click the icon to view the direct materials.) (Click the icon to view the direct-cost inputs.) Requirement 1. Prepare the following budgets a. Prepare the revenues budget Revenues Budget For the Month of March Units Selling Price Total revenues Broncos Blankets 140 $ 305 Rams Blankets 195 378 O Eli 60 ACON W E R T S D G HHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both val direct manufacturing labor-hours p schools. i (Click the icon to view additional information.) i(Click the icon to view the ove (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finish (Click the icon to view the direct materials.) i (Click the icon to view addition (Click the icon to view the direct-cost inputs.) Read the requirements Rams yds. yds. Total quantity of direct material to be used yds. yds. Cost Budget Available from beginning direct materials inventory (under a FIFO cost-flow assumption) Broncos Rams To be purchased this period Broncos O 60(Click the icon to view the budgeted direct-cost.) (Click the icon to view the direct materials.) (Click the icon to view the direct-cost inputs.) b. Prepare the production budget in units. Production Budget For the Month of March Broncos Rams 140 195 Budgeted units sales 24 29 Add target ending finished goods inventory Total required units Deduct beginning finished goods inventory O Fi 60 est 2 3 W E R 4 S D G H Zankets for the athletic teams of the two local high Manufacturing overhead (both variable and fixed) is direct manufacturing labor-hours per blanket. Click the icon to view the overhead information Manufacturing Overhead Information ds inven Manufacturing Overhead Information ation.) The budgeted variable manufacturing overhead rate for March 2017 is $17 per direct manufacturing labor-hour. The budgeted fixed manufacturing overhead for March 2017 is $14,625. Both variable and fixed manufacturing overhead costs are allocated to each unit of finished goods. Print DoneHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both variable and fixed) Is schools. direct manufacturing labor-hours per blanket. i (Click the icon to view additional information.) i (Click the icon to view the overhead information. (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished goods invento (Click the icon to view the direct materials.) i (Click the icon to view additional information.) (Click the icon to view the direct-cost inputs.) Read the requirements Broncos Rams Direct materials to be used this period Now prepare March's direct material purchases budget Direct Materials Purchases Budget For the Month of March Materials Broncos Rams O Ei 60 86Manufacturing o Hale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high direct manufactur schools. i (Click the ico i (Click the icon to view additional information.) (Click the ico (Click the icon to view the budgeted direct-cost.) i (Click the icon (Click the icon to view the direct materials.) Read the requiren (Click the icon to view the direct-cost inputs.) Finished goods Broncos blankets 24 Rams blank 29 Total ending inventory g. Prepare the cost of goods sold budget. Cost of Goods Sold Budget For the Month of March, 2017 Beginning finished goods inventory, March 1 O 60 E O S G H K X C N MHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both variable schools. direct manufacturing labor-hours per b i (Click the icon to view additional information.) i (Click the icon to view the overher (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished (Click the icon to view the direct materials.) i (Click the icon to view additional i (Click the icon to view the direct-cost inputs.) Read the requirements e. Prepare the manufacturing overhead costs budget. Start by selecing the formula, and calculating the budgeted variable manufacturing overhead costs for March. Variable manufacturing overhead costs Now prepare the total manufacturing overhead cost budgets by entering the appropriate amounts then calculate the total manufacturing overhead costs Manufacturing Overhead Budget For the Month of March m 60Hale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both variable and fixed) is allocated to e schools. direct manufacturing labor-hours per blanket. i (Click the icon to view additional information.) i (Click the icon to view the overhead information.) (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished goods inventory.) (Click the icon to view the direct materials.) i (Click the icon to view additional information.) (Click the icon to view the direct-cost inputs.) Read the requirements. Logo 8 9 Direct manufacturing labor 28 4 hrs 28 5 hrs. Fixed manufacturing overhead 4 hrs. 5 hrs. Variable manufacturing overhead 17 4 hrs. 17 5 hrs Total Now prepare the ending inventories budget Ending Inventories Budget March 21 2017 O Hi 60 86 F ClearHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both variable and fix schools. direct manufacturing labor-hours per blanket. i (Click the icon to view additional information.) 1(Click the icon to view the overhead inform (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished goods in (Click the icon to view the direct materials.) i (Click the icon to view additional information (Click the icon to view the direct-cost inputs.) Read the requirements UIlect Material Usage Duuget In Quality and Dollars For the Month of March Material Broncos Rams Red wool Black wool logo patches logo patches Total Physical Units Budget Direct materials required for Broncos yds yds Rams yds yds O 60Manufacturing Hale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high direct manufacturing labor schools. i (Click the icon to view i (Click the icon to view additional information.) (Click the icon to view (Click the icon to view the budgeted direct-cost.) i (Click the icon to view (Click the icon to view the direct materials.) Read the requirements BE(Click the icon to view the direct-cost inputs.) Ending Inventories Budget March 31, 2017 Quantity Cost per unit Total Direct materials Red wool 30 11 Black wool 20 13 Broncos logo 30 8 Rams logo 30 O 60 W R U S D K N MManufacturing over Hale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high direct manufacturing schools. i (Click the icon i (Click the icon to view additional information.) (Click the icon (Click the icon to view the budgeted direct-cost.) EEE (Click the icon to view the direct materials.) i (Click the icon to EEE(Click the icon to view the direct-cost inputs.) Read the requireme For the Month of March, 2017 Beginning finished goods inventory, March 1 Direct materials used Direct manufacturing labor Manufacturing overhead Cost of goods manufactured Cost of goods available for sale Deduct ending finished goods inventory, March 31 O m 60 no W E R O P 4 S F K X C B N M\fnkets for the athletic teams of the two local high Manufacturing overhead (both variable direct manufacturing labor-hours per bl (Click the icon to view the overhea X hed Additional Blanket Information hal info The company sews the blankets from fabric and sews on a logo patch purchased from the licensed logo store site. The teams are as follows: . Broncos, with red blankets and the Broncos logo . Rams, with black blankets and the Rams logo Also, the black blankets are slightly larger than the red blankets Print Done huesHale Specialties manufactures, among other things, woolen blankets for in schools. i (Click the icon to view additional information.) i (Click the icon to view the ov (Click the icon to view the budgeted direct-cost.) (Click the icon to view the fir (Click the icon to view the direct materials.) i (Click the icon to view addition (Click the icon to view the direct-cost inputs.) Read the requirements For the Month of March Output units DMLH Total Hourly produced per unit DMLH wage rate Total Broncos blankets 4.0 Rams blankets 5.0 Total e. Prepare the manufacturing overhead costs budget. Start by selecing the formula, and calculating the budgeted variable manufacturing overhead costs for March. O 60Hale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both variable and fixed) is allocated to each blanke schools direct manufacturing labor-hours per blanket. i (Click the icon to view additional information.) i (Click the icon to view the overhead information.) . . . (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finished goods inventory.) (Click the icon to view the direct materials.) i (Click the icon to view additional information.) (Click the icon to view the direct-cost inputs.) Read the requirements Cost per unit Input per unit Cost per unit Input per unit of input of output Total of input of output Total Wool 11 5 yds. 13 6 yds. Logo 8 1 9 Direct manufacturing labor 28 4 hrs 28 5 hrs Fixed manufacturing overhead 4 hrs 5 hrs Variable manufacturing overhead 17 4 hrs. 17 5 hrs Total O 60 86.F ClearHale Specialties manufactures, among other things, woolen blankets for the athletic teams of the two local high Manufacturing overhead (both var schools. direct manufacturing labor-hours p i (Click the icon to view additional information.) i (Click the icon to view the over (Click the icon to view the budgeted direct-cost.) (Click the icon to view the finis (Click the icon to view the direct materials.) i (Click the icon to view addition (Click the icon to view the direct-cost inputs.) Read the requirements. Physical Units Budget To be used in production yds. yds. Add target ending inventory 30 yds. 20 yds. 30 Total requirement yds yds. Deduct beginning inventory 40 yds 20 yds. 50 Purchases to be made yds yds. Cost Budget Purchases O 60