Company A Balance Sheet December 31, Year 10 Assets Current Assets: Cash Accounts Receivable Inventories: Finished Goods

Raw Materials Prepaid Expenses Total Current Assets Property, Plant, and Equipment: Factory Building Machinery Less Accumulated Depreciation Total Assets Liabilities Current Liabilities: Accounts Payable Mortgage Payable Stockholders' Equity Common Stock, $1 par value Retained Earnings Total Liabilities and Stockholders' Equity Total Stockholders' Equity 62460 228000 44800 16236 27000 378496

Selling price:

100

Factory Building Amortization Table Payment 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Interest Principal

430000 240000 -72000

598000 976496

41996 216906

258902
NOTE: There are some self check numbers provided. The check

200000 517594

numbers are in comment boxes marked

717594

976496

NOTE: Check figures have been inserted in some of the following schedules as comments. Having your results identical to the check figure does

not guarantee that the rest of your schedule is correct; but, if your results are different than a check figure, it does indicate an error in your schedule and a high probability that ensuing schedules will not all be correct. Company A Sales Budget For the Quarter Ended March 31, Year 11 January Sales in units Selling price Revenue From Sales February March Quarter

Sales November December January February March April May

Company A Fan Production Budget For the Quarter Ended March 31, Year 11 January Expected units to be sold Plus desired ending inventory Less beginning inventory Total Units to Be Produced February March Quarter

Company A Raw Materials Budget--Motor Purchases For the Quarter Ended March 31, Year 11 January Expected fans to be produced Plus target ending inventory motors Less beginning inventory motors Total motors to be purchased Unit price Total Costs February March Quarter

14

14

14

14

Company A Raw Materials Budget--Fan Blades For the Quarter Ended March 31, Year 11 January Expected fans to be produced Blades per fan Total blades for production Target ending Inventory blades Less beginning inventory blades Total good blades needed Spoilage allowance Total blades to cut Blades per sheet Raw material sheets needed Unit price Total Cost for Blade Materials February March Quarter

Company A Direct Labor Budget For the Quarter Ended March 31, Year 11

January Cutting machine hours per fan Assembly/packing hours per fan Total production hours per fan Expected units to be produced Total production hours required Direct labor cost per production hour Total Direct Labor Cost

February

March

Quarter

Company A Factory Overhead Budget--Projections For the Quarter Ended March 31, Year 11 January Variable Overhead: Utilities Factory maintenance Total Variable Overhead Fixed Overhead: Janitorial services Production supervisor Insurance Depreciation expense Mortgage interest Total Overhead NOTE: February March Quarter