Sales: quarter bags; quarter bags. Selling price is $ per bag.
Direct materials: each bag of Snare requires pounds of Gumm at a cost of $ per pound and pounds of Tarr at $ per pound.
Desired inventory levels:
tableType of Inventory,January April July Snare bagsGumm poundsTarr pounds
Direct labor: direct labor time is minutes per bag at an hourly rate of $ per hour.
Selling and administrative expenses are expected to be of sales plus $ per quarter.
Interest expense is $
Income taxes are expected to be of income before income taxes.
Your assistant has prepared two budgets: the manufacturing overhead budget shows expected costs to be of direct labor cost, and the direct materials budget for Tarr shows the cost of Tarr purchases to be $ in
quarter and $ in quarte. Question a prepare a sales budget
WILDHORSE FARM SUPPLY COMPANY Sales Budget
Quarter
Six
table$
