Req. 3: The production engineers have given you the materials requirements for each Black & White handbag. Assume that no efficiencies in materials can be achieved by producing more than one unit per batch. Complete the Bill of Materials for Job #114 found below. Be sure to include number of units being produced in the Job as well as the total quantity needed of each direct material. BILL OF MATERIALS JOB 114 Model: BW14923 Number of units: Total Quantity Needed Part Number BWFF BWCheck BFringe BStrap PICan Int4 Description Black and White Floral Fabric Black and White Checkered Fabric Black Fringe Trim Black Shoulder Strapping Plastic Canvas nterfacing: Level 4 sturdiness rating Quantity needed per unit 0.50 yards 0.75 yards 1.00 yards 1.75 yards 0.25 sheets 0.50 yards i Custom Fabric Ventures Customer Order Form 1. Customer: Katie's Boutique 2 Order Date: 10/2/2012 Order Due Date: 10/15/2012 Description: 5 Black & White Handbag Total Model Number: Quantity BW14923 Unit Sales Price $75 $525 8 9 Req. 1: To realize maximum efficiency and meet management's desired level of stock, how many Black & o White handbags should be produced in Job 114? Whr Number of handbags to be produced: Type of Cost Selling and Administrative salaries and expenses Direct Labor (Estimated 40,000 DL hours @ average wage rate of $11 per hour) Indirect plant labor Plant utilities Purchases of direct materials Lease and property taxes on the plant Marketing expenses Depreciation on production equipment (equipment originally costing $700,000 three year ago is being depreciated over a 5 year useful life using straight-line depreciation. No salvage value is expected.) Indirect materials to be used in the plant Estimated total cost for the year $ 210,000 $ 40,000 $ 60,000 $ 70,000 $ 1,500,000 $ 120,000 $ 30,000 $ 140,000 $ 20,000 Predetermined Overhead Rate - 9.75 per direct labor hour