Sales Budget 1.15 0.9 0.1 Production Budget Direct Materal Budget Direct Labor Budget MOH Budget Unit Sales Unit Price Sales Rev. Operating Expenses Budget Cash Sales Credit Sales Silk Vicouse Fabric Total Jackets to be produced Labor hr. per jacket Total direct labor hours to be used cost per direct labor hour Total direct labor cost $ $ $ S $ July July July 580 1.15 667.00 $ 600.30 667.00 July 66.7 $83 667.00 $749.80 July 187.00 1,276.00 145.20 1,234.00 10 124 $110 $13,640 750 12 August 9000 25 225000 August 600 1.15 690.00 $ 69 621 690.00 $90 690.00 $779.70 August 145.20 1,320.00 157.30 1,332.00 August 220.00 $ 157.50 $ 1,015.00 $ 1,050.00 $ 157.50 $ 170.63 $ $953 $1,063 $25.00 $25.00 23,825.00 $ 26,575.00 $ 29,750.00 $ 10 134 $110 $14,740 August September 780 12 9360 25 234000 650 1.15 747.50 $ 74.75 672.75 747.50 September $117 747.50 $864.80 September 170.63 $ 1,137.50 $ 223.13 Ş $1,190 $25.00 157.30 1,430.00 205.70 1,478.00 10 148 $110 $16,280 October 865 12 10380 25 259500 850 1.15 977.50 $ 97.75 879.75 977.50 $138 977.50 $1,115.50 October October November 223.13 Ś 1,487.50 $ 205.70 1,870.00 242.00 1,906.00 September October $110 $21,010 10 191 November 1116 12 13392 25 334800 September October 1000 1.15 1,150.00 115 1,035.00 1,150.00 262.50 Ş $1,527 $25.00 38,175.00 $ 37,200.00 1,150.00 $1,150.00 November 0 262.50 1,750.00 1,488.00 $25.00 2,200.00 1,958.00 November $110 $21,560 10 196 November 1150 12 13800 25 345000 5. H&BClothing budgets indirect materials (e.g., shoulder pads, stitching threads, buttons, labels, and packaging) at $35.50 per jacket. H&BClothing treats indirect labor and utilities as mixed costs. The variable components are $20.00 per jacket for indirect labor and $5.50 per jacket for utilities. The following fixed costs per month are budgeted for indirect labor, $25,000, utilities, $2,200, and other, $22,000. Prepare a Manufacturing Overhead budget. 6. Variable selling and administrative expenses are $45.50 per jacket sold. Fixed selling and administrative expenses are $35,000 per month. These costs are not itemized, i.e., the budget has only two-line items - variable operating expenses and fixed operating expenses. Prepare an Operating Expenses budget.