These should be better Sundancer Boats, Inc. manufactures paddle boats in various colors for 5-Star Resorts Management

 

These should be better

  

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Sundancer Boats, Inc. manufactures paddle boats in various colors for 5-Star Resorts Management is preparing the budget for 2022 and has asked for the accountants help. Last year was a tough year with price increases and a decrease in unit sallex 1. Prepare the 2022 budget based on the information provided. 2. Use the Actual 2021 Standard Costs as a starting point for the predetermined costs for the 2022 budget. Sales in 2021 were 625 units. The company worked hard to bring on some new customers in 2022. Overall, they are expecting only a 15% increase in units overall from 2021. Management will keep the increase of the selling price of the beats at $4,500. Expected sales units Unit selling price Total sales At the end of 2011, there were 50 boats left in inventory to sell in 2022. They would like to hudget to end 2022 with 10 completed and finished units. Expected sales units Add: Desired ending finished goods units (ending balance 2022) Total required units Less: Beginning finished goods units (ending balance 2021) Required production units Sundancer, Inc. Sales Budget For the Year Ended December 31, 2022 Plastic Parts Direct materials: Metal Parts Direct materials: Paint and Stickers Direct materiale: Sundancer, Inc. Production Budget For the Year Ended December 31, 2022 Management ended 2021 with some direct materials and wants to end 2022 with some as well. Pounds Per Expected 2022 Linit Cost Pound Required production units Metal Parts Direct materials pounds per unit produced: Total pounds needed for production Sundancer, Inc. Direct Materials Budget For the Year Ended December 31, 2022 Required production units Plastic Parts Direct materials pounds per unit produced: Total pounds needed for production Add: Desired ending direct material in pounds (ending balance 2022) Total material required Less: Beginning direct materials in pounds (ending balance 2021) Direct materials purchases Cost per pound Total cost of Plastic Parts direct materials purchasex Ending Balance 2021 2,000 1,000 50 675 3,500 2,362,500 S 675 25 700 200 Ending Balance 2021 1,000 1,500 25 400 280,000 4,000 284,000 (500) 283,200 2.00 566,400 200 500 350,000 Sundancer Boats, Inc. manufactures paddle boats in various colors for 5-Star Resorts Management is preparing the budget for 2022 and has asked for the accountants help. Last year was a tough year with price increases and a decrease in unit sallex 1. Prepare the 2022 budget based on the information provided. 2. Use the Actual 2021 Standard Costs as a starting point for the predetermined costs for the 2022 budget. Sales in 2021 were 625 units. The company worked hard to bring on some new customers in 2022. Overall, they are expecting only a 15% increase in units overall from 2021. Management will keep the increase of the selling price of the beats at $4,500. Expected sales units Unit selling price Total sales At the end of 2011, there were 50 boats left in inventory to sell in 2022. They would like to hudget to end 2022 with 10 completed and finished units. Expected sales units Add: Desired ending finished goods units (ending balance 2022) Total required units Less: Beginning finished goods units (ending balance 2021) Required production units Sundancer, Inc. Sales Budget For the Year Ended December 31, 2022 Plastic Parts Direct materials: Metal Parts Direct materials: Paint and Stickers Direct materiale: Sundancer, Inc. Production Budget For the Year Ended December 31, 2022 Management ended 2021 with some direct materials and wants to end 2022 with some as well. Pounds Per Expected 2022 Linit Cost Pound Required production units Metal Parts Direct materials pounds per unit produced: Total pounds needed for production Sundancer, Inc. Direct Materials Budget For the Year Ended December 31, 2022 Required production units Plastic Parts Direct materials pounds per unit produced: Total pounds needed for production Add: Desired ending direct material in pounds (ending balance 2022) Total material required Less: Beginning direct materials in pounds (ending balance 2021) Direct materials purchases Cost per pound Total cost of Plastic Parts direct materials purchasex Ending Balance 2021 2,000 1,000 50 675 3,500 2,362,500 S 675 25 700 200 Ending Balance 2021 1,000 1,500 25 400 280,000 4,000 284,000 (500) 283,200 2.00 566,400 200 500 350,000

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Based on the information provided in the images it appears you would like to prepare a complete budget including the Sales Budget Production Budget Di... View the full answer