!! QUESTION I WOULD LIKE ANSWERED: DOES EVERYTHING LOOK CORRECT? I WOULD LOVE FOR AN EXPERT TO CHECK MY WORK AND TELL ME IF THE CALCULATIONS LOOK CORRECT. THANK YOU !!!! QUESTION I WOULD LIKE ANSWERED: DOES EVERYTHING LOOK CORRECT? I WOULD LOVE FOR AN EXPERT TO CHECK MY WORK AND TELL ME IF THE CALCULATIONS LOOK CORRECT. THANK YOU!!

Sales Budget Production Budget The DecorIdeas Company manufactures hand-crafted natural wood display cupboards. Currently the company makes only one size of display cupboard, which is 60-inch height, 48-inch width, and 19-inch depth; and has 6 shelves. The final product consists of a routed, sanded, assembled, and stained oak wood cupboard. Direct materials include oak shelving wood and hickory plywood backing board. Other materials, such as wood screws, sand paper, stain, wood glue, and packaging, are treated as indirect materials. DecorIdeas is preparing budgets for the fourth quarter ending December 31, 2022. For each requirement below prepare budgets by month for October, November, and December, and a total budget for the quarter. The previous year's sales (2021/22) for the corresponding period were: The company expects the above volume of display cupboard sales to increase by 15% for the period October 2022 - February 2023. The budgeted selling price for 2022 is $785.00 per display cupboard. The company expects 5% of its sales to be cash (COD) sales. The remaining 95% of sales will be made on credit. Prepare a Sales Budget for DecorIdeas. The company desires to have finished goods inventory on hand at the end of each month equal to 15 percent of the following month's budgeted unit sales. On September 30, 2022, there were 450 display cupboards on hand. (Note, an estimate of sales in January is required in order to complete the production budget for December). Prepare a Production budget