Question: please help please help Bradford Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below.

Bradford Inc. is preparing its annual budgets for the year ending December 31, 2020. Accounting assistants furnish the data shown below. Sales budget: Anticipated volume in units of finished good 600,000 Unit selling price $25 Production budget: Desired ending finished goods units 30,000 Beginning finished goods units 40,000 Direct materials budget: Direct materials per unit of finished good (pounds) Desired ending direct materials pounds 50,000 Beginning direct materials pounds 40,000 Cost per pound of materials $2 Direct labor budget: Direct labor time per unit of finished good 0.5 Direct labor rate per hour $20 Budgeted income statement: Total unit cost (COGM/unit) $22 The selling expenses budget is $560,000, while the administrative expenses budget is $540,000.. Interest expense is $150,000 and income taxes are expected to be 30%. Instructions: Prepare sales, production, direct materials, direct labor, and income statement budgets
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