Bird House Unlimited, Inc._BUDGETS

Unlimited, Inc., has gathered the following data for use in developing the budgeted income statement for November 20XX.

      

Bird House 

at

 

 

unitsat

per unit 

        

       

      

 

    

 

    

      

Wood 

feet    

Plastic 

pounds    

        

      

      

Wood 

   

Plastic 

  

        

      

Wood 

feet per unit of product   

Plastic 

pounds per unit of product  

        

      

Wood 

    

Plastic 

    

        

      

Estimated inventories at November 1(beginning)

     

Estimated inventories at November 30th(ending)

     

        

       

Estimated inventories at November 1(beginning)      

Bird House 

unitsat

per unit 

Bird Feeder 

unitsat

per unit 

        Estimated inventories at November 30th(ending)      

Bird House 5,000unitsat$13per unit Bird Feeder 2,000unitsat$14per unit 

        

       

Bird House        

 

at

 

 

hourat

per hour

Bird Feeder        Fabrication Department 

hourat$15per hour

 Assembly Department 

hourat$12per hour

        

      

 

     

     

 4,000     

 3,000     

        

      

 $2,000     

 

     

 5,000     

4,000     

 5,000     

2,000     

 2,000     

 3,000     

     

        

      

 

     

 10,000     

        

 

     

The budget director for Save Time On Research and Writing Hire a Pro to Write You a 100% Plagiarism-Free Paper. Get My Paper				Bird House
Estimated sales for November
29,000						units	$33						per unit
			Bird Feeder	2 Save Time On Research and Writing Hire a Pro to Write You a 100% Plagiarism-Free Paper. Get My Paper			5,000	$37
Direct materials
		Estimated inventories at November 1(beginning)
				Wood	2600		feet
				Plastic	3200		pounds
		Estimated inventories at November 30th(ending)
3500
2800
Direct materials used in production:
In the manufacture of a Bird House:
0.80		feet per unit of product
0.50		pounds per unit of product
In the manufacture of a Bird Feeder:
1.20
0.75
Estimated cost of direct materials
$6.00	per feet
$0.90	per pound
Work in process-given in total of the 2 products
$			2,000
$		3,000
Finished Goods
		4,000		$13
2,500		$14
Direct Labor Requirements:
	Fabrication Department	0.25				hour		$15				per hour
	Assembly Department	0.3		$12
0.45
0.35
Estimated Manufacturing Overhead Costs for November
Indirect Factory Wages		$2,000
Depreciation of Plant and Equipment	1,000
Power and Light
Insurance and property tax
Estimated operating expenses for November
Sales salaries expense
Advertising expense		10,000
Office salaries expense
Depreciation expense-office equipment
Telephone expense-selling
Telephone expense-administrative
Travel expense-selling
Office supplies expense
Miscellaneous Administrative expense	6,000
Estimated other income and expense for November
Interest Revenue	$14,000
Interest Expense
Estimated tax rate	30%