Accounting Given: Pampered Dog Beds, Inc. Makes Sherpa Fleece

Week 3 Individual Graded Assignment I - S-XI Operating BudgetsAfter you have completed reading pages 513-529, viewed video Session XI, and completed the practice assignments for S-XI, complete the following assignment:GIVEN: Pampered Dog Beds, Inc. makes sherpa fleece dog beds in three sizes, large, medium and small. The controller of Pampered Dog Beds, Inc. with the assistance of the production manager and sales manager gathered the following data for use in developing the operating budgets for March 2014.A. Estimated March sales: BedsPrice per BedLarge (48 inches x 32 inches): 200$80Medium: (36 inches x 24 inches)340$70Small: (24 inches x 16 inches)300$60B. Direct materials used in production: square feet per bed Cost/sq. ft.LargeMediumSmallBackside Material & Padding$1.0010.86.22.8Sherpa Cloth$0.9014.68.84.0 The padding is already attached to the backside material when it is received from the supplier.C. Direct labor used in production: (hours per bed) hours per bed $/Labor HourLargeMediumSmallCutting Department:$12.000.70.650.6Sewing Department:$13.501.00.90.8D.