The volt battery company has forecast its sales in units as follows: january 2,900 february 2,750 march 2,700 april 3,200 may 3,450 june 3,600 july 3,300 volt battery always keeps an ending inventory equal to 110 percent of the next month’s expected sales. the ending inventory for december (january’s beginning inventory) is 3,190 units, which is consistent with this policy. materials cost $12 per unit and are paid for in the month after purchase. labor cost is $5 per unit and is paid in the month the cost is incurred. overhead costs are $16,500 per month. interest of $10,100 is scheduled to be paid in march, and employee bonuses of $15,300 will be paid in june. a. prepare a monthly production schedule for january through june.

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

Why has the free enterprise system been modified to include some government intervention?

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.