(Answered) Question 1 shay inc is preparing its master budget for the

Accounting

Question: 1. Shay, Inc., is preparing its master budget for the quarter ending March 31. It sells a single product for $25 per unit. Budgeted sales for the next four months follow. Prepare a sales budget for the months of January, February, and March.

January February March April

Sales in units . . . . . . . . 1,200 1,000 1,600 1,400

2. Tek Co. plans to produce 620 units in July. Each unit requires two hours of direct labor. The direct labor rate is $16 per hour. Prepare a direct labor budget for July.

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