Answer Happy

Sales, Production, Direct Materials Purchases, and Direct
Labor Cost
The budget director of Royal British Furniture Company requests
estimates of sales, production, and other operating data from the
various administrative units every month. Selected information
concerning sales and production for March is summarized as
follows:
a. Estimated sales of William and Kate chairs for March by sales
territory:
b. Estimated inventories at March 1:
c. Desired inventories at March 31:
d. Direct materials used in production:
e. Anticipated purchase price for direct materials:
f. Direct labor requirements:
1. Prepare a sales budget for
March.
2.
Prepare a production
budget for March.
Less desired inventory, March 1Less desired inventory, March
31Plus desired inventory, March 1Plus desired inventory, March
31Plus desired inventory, March 31
Less estimated inventory, March 1Less estimated inventory, March
31Plus estimated inventory, March 1Plus estimated inventory, March
31Less estimated inventory, March 1
fill in the blank
3. Prepare a direct materials
purchases budget for March.
Less desired inventory, March 1Less desired inventory, March
31Plus desired inventory, March 1Plus desired inventory, March
31Plus desired inventory, March 31
Less estimated inventory, March 1Less estimated inventory, March
31Plus estimated inventory, March 1Plus estimated inventory, March
31Less estimated inventory, March 1
$fill in the blank d3faf700605d016_35
4. Prepare a direct labor cost
budget for March.