sales budget help

File Edit View Insert Format Tools Table 4) 20% Mon Sep 21 6:30 Window Help Chapter 9 - Problem 1 [Compatibility Mode Review Design Layout References Mailings View Times New Ro 24 A- A Adte Adre B I X A A Problem 1 Merchant Co. expects to sell 10,000 units at $120 cach. Each unit is expected to require 2lbs. of materi @ $10/lb. and 3 direct labor hours @ $5/DLH. The overhead rate is estimated to be $15/DLH. The beginning inventories are: DM 1,000 lbs. and Finished Goods 2,000 units. The budgeted ending inventories are: DM 2,000 lbs. and Finished Goods 1,000 units. 1. What is Merchant Co's budgeted sales (in $)? 2. What is Merchant Co's budgeted production (in units)? 3. Assuming a production of 9,500 units, what is the budgeted materials purchase in lbs.& $)? 4. Based on your answer to (2), what is the budgeted cost per unit? 5. Based on your answer to (2), what is the budgeted cost of goods sold? 6. Based on your answer to (2), what is the budgeted cost for DL & FOH respectively? of 1 143 Words English A MacBook Pro S 2 3 % 5 & 7 6 8 E R U S D F H K K