Prepare Revenues BudgetPrepare production budget in unitsDirect Material Usage Budgets Discussion Question 2 CCCari Furniture has the following information in respect of Coffee tables for 2021:Production specifications:BeginningTarget EndingInventoryInventoryDirect Materials:Particle board20,000 b.f.18,000 b.f.Teak25,000 b.f.22,000 b.f.Finished goodsCoffee tables5,000 units3,000 unitsRevenue expected for 2021 are:Selling price$392 per tableUnits sold52,000 coffee tablesEach coffee table requires 9.00 b.f. of particle board and 10.00 b.f. of Teak.Costs for 2020 and expected for 2021include:20202021Particle board (per b.f.)$ 3.90$ 4.00Teak (per b.f.)$ 5.80$ 6.00Laminating labor (per hour)$24.00$25.00Machining labor (per hour)$29.00$30.00

Budget means the expected value of future. Budget is not affected by the actual value as it is…

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Prepare Revenues Budget Prepare production budget in units Direct Material Usage Budgets

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 4CE: Refer to Cornerstone Exercises 2.2 and 2.3. Next year, Pietro expects to produce 50,000 units and...

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